Iraq move from Doğuş Otomotiv

Doğuş Otomotiv took a new step towards expanding its activities abroad.

The company established Skoda Auto A.S. in order to undertake passenger car sales and after-sales services of the Skoda brand, which is part of the Volkswagen Group, in Iraq. He informed the Public Disclosure Platform (KAP) that he signed a letter of intent with.

According to the statement dated November 5, 2026, the parties will work on the final agreement that will determine the principles of activities in the Iraqi market.

COOPERATION WITH SKODA IS MOVING TO IRAQ

In its KAP statement, Doğuş Otomotiv stated that it aims to take its existing cooperation with Skoda in Türkiye to a new dimension.

The letter of intent signed in this context covers the preparation of the final agreement for the sales and after-sales services of Skoda branded passenger cars in Iraq to be carried out by Doğuş Otomotiv.

With this collaboration, the company aims to contribute to the growth of Volkswagen Group in the Iraqi market.

While the final agreement has not been signed yet, no information has been given regarding when the operation will start, the investment amount or the size of the sales and service network to be established.

SEQUENCE STEPS IN IRAQ, AZERBAIJAN AND SYRIA

The step taken by Doğuş Otomotiv for Skoda in Iraq adds a new one to the distributorship initiatives that the company has recently initiated in different countries with Volkswagen Group brands.

In July 2025, the company signed two separate letters of intent with Volkswagen AG to undertake the sales and after-sales services of Volkswagen branded passenger cars in Iraq and Azerbaijan.

Doğuş Otomotiv, which took a similar step towards the Syrian market for the Volkswagen brand in December 2025, announced that it had signed a letter of intent for Skoda's distributorship in Syria in January 2026.

With the latest announcement, the company's distributorship initiatives have reached a structure covering Iraq, Azerbaijan and Syria markets through the Volkswagen and Skoda brands.

PRODUCTION MEETINGS WITH VOLKSWAGEN ARE ALSO ON THE AGENDA

Shortly before Doğuş Otomotiv took the step towards the Iraqi market with Skoda, it signed a letter of intent with Volkswagen Group to evaluate automobile production opportunities in Türkiye.

The development, announced on October 30, 2026, brought the possibility of Volkswagen producing automobiles in Türkiye to the agenda again.

The German manufacturer planned to establish a factory in Manisa with an investment of approximately 1 billion euros in 2019, but abandoned the project in 2020.

Although the new letter of intent signed with Doğuş Otomotiv raises the expectation that Volkswagen may start production activities again in Türkiye, the scope of the investment, the models to be produced, the location and schedule of the facility have not yet been clarified.

Thus, while Doğuş Otomotiv continues its initiatives to undertake the sales and service activities of Volkswagen Group brands in neighboring countries, it is also evaluating new cooperation opportunities for possible automobile production in Türkiye.