Turkish carmaker Tofas aims to double vehicle exports

Reuters - Turkish carmaker Tofas aims to double its vehicle exports to 283,000 units this year and carry out investments of 400 million euros, the company's CEO Ali Pandir said. Earlier the company announced that net profit surged 115 percent to 175.8 million lira ($139 million) last year, while net sales rose 17 percent to 5.571 billion lira.