Posted by meb at January 25th, 2008

Ford Otosan Director General Michael Flewitt said on Thursday they planned to make investments worth around 100 million U.S. dollars in 2008. Addressing a news conference in Istanbul, Flewitt said they expected a remarkable rise in Ford Otosan’s export figures in 2008.

Replying to a question on the recent fluctuation in international markets, Flewitt said, “it is too early to feel the effect of global turbulence. We are watching developments. There are definite problems in the United States. We did not feel its effect in Turkey yet. I believe that Turkey will move forward despite global turbulence.”

source: The New Anatolian

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