In 2024, Temsa reported its most successful year in a decade, with a staggering +320% revenue increase since 2020, reaching $462.1 million. The Turkish manufacturer has seen a 20% revenue growth in 2024 alone, with significant performance strides in international markets, particularly a 49% increase in U.S. sales. CEO Evren Güzel highlighted the company's resilience amid industry disruptions, its crucial partnership with Sabancı-PPF, and a vital €90 million loan that facilitated strategic growth and technological advancements toward zero-emission mobility.
We aim to go beyond being just a vehicle manufacturer.” CEO Evren Güzel highlights Temsa's aspiration to pioneer broader industry advancements.
Our latest performance not only highlights our ability to navigate uncertainty but also reaffirms our status as a leading brand in commercial transportation.
The mobility industry has faced significant disruptions, yet Temsa has continued to expand its global footprint and strengthen its market position.
Joining the Sabancı-PPF partnership and emerging from restructuring were critical milestones for Temsa.
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