Anadolu Isuzu Çelik Motor Anadolu Motor
Çelik Motor
(Çelik Motor Ticaret A.Ş.)

Çelik Motor is involved in the distribution of Kia and Lada vehicles in Turkey and in the CIS countries. The company holds the sales, marketing and distribution rights for KIA vehicles in Azerbaijan, Turkmenistan and Georgia. In year 2002, the company has acquired the exclusive dealership of Kia in Turkey.

While the company continues to emphasize its Lada re-exports in the CIS countries, it has increased its focus in the upper segment of domestic market, through Kia's new models introduced to the market in 2002. Backed up by effective marketing activities, the Kia branded sales resulted in impressive y-o-y growths of 196% and 104%, respectively, in the passenger car and light commercial vehicle segments, as the end of the third quarter of 2003.

www.celikmotor.com.tr
www.kia.com.tr

August 12, 2004 / Kia Sorento was the most sold 4x4 in Turkey in July>
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December 2, 2003 / Çelik Motor won another big award>
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November 7, 2003 / The rising sales trend of Kia in Turkey>
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Anadolu Endüstri Holding A.Ş.   99.95
Anadolu Motor 0.05

Decomposition of Yazıcılar's total exposure
Direct 0.00
Indirect
(through AEH)
67.91
Total 67.91
   
US$ mn (IFRS) 2001 2002 2003
Net Sales 34.94 48.28 91.68
EBITDA (2.57) 1.30 12.19
Net debt /(cash) 3.61 (8.87) (23.90)