Overview

Otokar is a vehicle manufacturer headquartered in Arifiye, Sakarya, Turkey, founded in 1963 and part of the Koç Group. It is privately held, with an estimated 1,000 to 5,000 employees and estimated annual revenue of $1 to 5 billion. The company makes commercial vehicles such as buses, minibuses, light trucks and trailers, along with defense products including armored vehicles and unmanned robotic vehicles. It serves public transportation, logistics, military and other industries. In 2025, Otokar reported a COBRA II order worth $83.6 million, and in 2026 it began producing Mercedes-Benz Conecto buses on behalf of Daimler Buses.

At a glance

What Otokar makes

The company produces wheeled and tracked armored vehicles, tactical land platforms, turret systems and unmanned robotic vehicles, and its public profile lists aluminum among its products.

Products and capabilities described on the company's own site include Aluminum (source: otokar.com.tr).

Known customers

The counterparties below come from public sources that state the relationship directly. A shared counterparty does not by itself establish a current buying relationship unless the source says so:

• Daimler — reported by otokar.com.tr

Latest developments

• 2026-10-01 — Otokar'dan yaklaşık 1,5 milyar dolarlık ihracat sözleşmesi (aa.com.tr)

• 2026-09-22 — On behalf of Daimler Buses & Mercedes-Benz Türk: Otokar starts production of the Mercedes-Benz Conecto | Daimler Truck (daimlertruck.com)

• 2026-06-03 — Otokar Completes Company Acquisition in Romania-C4Defence (c4defence.com)

• 2026-04-29 — Otokar Strengthens Its Commitment to Romania, Signs Acquisition Agreement | Otokar (otokar.com.tr)

• 2025-12-01 — Otokar Receives 83,6 Million USD Order for COBRA II | Otokar (otokar.com.tr)

• 2025-10-22 — Otokar Araç Simülasyon Çözümleri için Guardiaris ile Stratejik İş Birliği Anlaşması İmzaladı | Haberler | Otokar (otokar.com.tr)

Company details

Otokar is a privately held company within the Koç Group, and its reported customers include Daimler, for which it has begun building Mercedes-Benz Conecto buses. Otokar was founded in 1963, has an estimated 1,000-5,000 employees, and is headquartered in Arifiye, Sakarya.

Frequently asked questions

What does Otokar make?

Otokar is a vehicle manufacturer headquartered in Arifiye, Sakarya, Turkey, founded in 1963 and part of the Koç Group. It is privately held, with an estimated 1,000 to 5,000 employees and estimated annual revenue of $1 to 5 billion. The company makes commercial vehicles such as buses, minibuses, light trucks and trailers, along with defense products including armored vehicles and unmanned robotic vehicles. It serves public transportation, logistics, military and other industries. In 2025, Otokar reported a COBRA II order worth $83.6 million, and in 2026 it began producing Mercedes-Benz Conecto buses on behalf of Daimler Buses.

Where is Otokar headquartered?

Otokar is headquartered in Arifiye, Sakarya.

When was Otokar founded?

Otokar was founded in 1963.

How big is Otokar?

Otokar has an estimated 1,000-5,000 employees, with revenue in the $1-5B range (estimated).

Who are Otokar's customers?

Public sources directly reference Daimler as a counterparty of Otokar. Confirm current programs with the company, as reported relationships may change.

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Last verified Nov 2026. Is this your company? Request a correction.