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English
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oda_PartialOrCompleteSuspensionOrImposssibilityOfOperationsAbstract|
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oda_UpdateAnnouncementFlag|
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Hayır (No)
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oda_CorrectionAnnouncementFlag|
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Hayır (No)
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oda_DateOfThePreviousNotificationAboutTheSameSubject|
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-
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oda_DelayedAnnouncementFlag|
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Hayır (No)
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oda_AnnouncementContentSection|
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oda_NatureOfSituationOccured|
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Production Interruption in Kocaeli Plants
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oda_InformationAboutOperationsSupendedOrBecameImpossible|
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Production activities in Kocaeli Plants
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oda_ReasonOfSuspensionOrImpossibilityOfOperations|
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Disruption in supply processes from abroad
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oda_DecisionDateOfAuthorizedBodyIfExits|
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-
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oda_ValidityDateOfSuspensionOrImpossibilityOfOperations|
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03.04.2021
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oda_EffectOfSuspensionOrImpossibilityOfOperationsOnTotalProductionOfCompany|
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No significant impact is expected on the total production estimates for the year 2021 disclosed to the public.
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oda_EffectOfSuspensionOrImpossibilityOfOperationsOnTotalSalesOfCompany|
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No significant impact is expected on the total number of sales forecasts for the year 2021 disclosed to the public.
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oda_ShareOfPartiallySuspendedOperationsInTotalProductionAndSalesOfCompany|
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-
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oda_NumberOfPersonnelWhoseEmploymentContractsWereOrWillBeTerminated|
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-
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oda_TotalAmountOfSeveranceAndTerminationPaysThatWasOrWillBePaid|
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-
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oda_PrecautionsTookIntoConsiderationByCompanyManagement|
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Our main partner, Ford Motor Company, works with its global suppliers to ensure the efficient use of materials belonging to electronic components by giving priority to the solution of the problem and main production lines. As Ford Otosan, necessary plans are made with our suppliers, and the possible effects of supply shortages are minimized.
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oda_ConditionsRequiredForGoingIntoOperationAgain|
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Improvement in supply processes
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oda_ExpectedDateToBeginOperations|
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09.04.2021
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oda_EffectsOnContinuityAssumptionOfCompany|
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No effect is expected
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oda_ExplanationSection|
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oda_AdditionalExplanationTextBlock|
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After the Covid-19 pandemic, which has affected the whole world since the first quarter of 2020, due to the increasing demands of many industries for electronic components (microchips), there are problems in the supply of in-vehicle electronic components, which have been used more intensely in the automotive sector in recent years. Our main partner, Ford Motor Company, works with its global suppliers to ensure the efficient use of materials belonging to electronic components by giving priority to the solution of the problem and main production lines. As Ford Otosan, necessary plans are made with our suppliers, and the possible effects of supply shortages are minimized. In this context, production will be suspended in our Kocaeli Plants for six days from April 3, 2021 to April 9, 2021, due to the restrictions in the supply of some parts, where microchip use is intensive, from abroad. During this production interruption, which is not expected to affect our production and sales forecasts for the year 2021 that has been disclosed to the public, maintenance works and rearranging production lines in preparation for new investments will continue. This statement has been translated into English for informational purposes. In case of a discrepancy between the Turkish and the English versions of this disclosure statement, the Turkish version shall prevail. |
We proclaim that our above disclosure is in conformity with the principles set down in “Material Events Communiqué” of Capital Markets Board, and it fully reflects all information coming to our knowledge on the subject matter thereof, and it is in conformity with our books, records and documents, and all reasonable efforts have been shown by our Company in order to obtain all information fully and accurately about the subject matter thereof, and we’re personally liable for the disclosures.