
Within the scope of its strategic cooperation with Daimler Buses and Mercedes-Benz Türk, Otokar started the mass production of Mercedes-Benz Conecto buses in its factory in Sakarya.
AI-generated summary
Otokar signed a strategic production agreement with Daimler Buses and Mercedes-Benz Türk in 2025.
Otokar, one of the leading companies of the Turkish automotive industry, took the first concrete step of the strategic production agreement it signed with Daimler Buses and Mercedes-Benz Türk in 2025. Within the scope of the collaboration to meet the increasing customer demand in the European market, mass production of the Mercedes-Benz Conecto city bus model started at Otokar's factory in Sakarya.
Otokar CEO Aykut Özüner, Daimler Buses CEO Till Oberwörder, Mercedes-Benz Türk Chief Executive Officer and CEO Heiko Selzam, as well as project teams, managers and factory employees attended the special ceremony held at the production facility in Arifiye district of Sakarya. Following the speeches of the leaders, the first fruit of the partnership, the mass production Mercedes-Benz Conecto, was rolled off the line and introduced.
In the full-capacity production phase following the successfully completed pre-series production process, all main components and special production equipment of the vehicle are supplied directly by Daimler Buses. In addition, Daimler Buses and Mercedes-Benz Turkish engineers personally support the production processes in the field to ensure that the vehicles fully comply with global quality standards.
Mercedes-Benz Conecto, designed to offer high passenger capacity and comfort in urban transportation; It comes to life in Sakarya with two different body types: three-door solo and four-door articulated.
Speaking at the ceremony, Otokar CEO Aykut Özüner stated that they are proud to bring Mercedes-Benz quality together with their deep-rooted expertise in bus production in their facilities. Özüner said, "Within the scope of this strategic partnership that further strengthens our global manufacturer identity, we will continue to produce vehicles that fully meet user expectations with the dedication of the entire team working on the project."
Emphasizing that the demand for buses remains strong throughout Europe, Daimler Buses CEO Till Oberwörder said, "By increasing our production capacity with a reputable and reliable partner like Otokar, we are strengthening our ability to provide uninterrupted service to our customers. Our partnership will make a great contribution to the profitable growth of our operations."
Drawing attention to the teamwork displayed in the production preparations, Mercedes-Benz Türk Chief Executive Officer and CEO Heiko Selzam stated that it was an important success that mass production started on time and at the targeted Mercedes-Benz quality standards. Selzam said, "While this project contributes to the flexibility of the Daimler Buses production network, it also paves the way for us to provide service to our customers in Europe with the reliability they expect."

In his speech at the Energy Round Table Meeting held within the scope of the 19th Turkey Investment Conference organized by DEIK and TAIK, Alparslan Bayraktar, Chairman of the Foreign Economic Relations Board and Minister of Energy and Natural Resources, announced Türkiye's 'New Energy Architecture' vision for 2040. Bayraktar emphasized the challenges of energy security and detailed the strategy based on demand, dependency and decarbonization. He stated that Türkiye spends 70-80 billion dollars annually on energy imports and said that reducing this dependence is the main goal. The 2040 vision was planned to create five basic policy areas on electrification, renewable energy, energy efficiency, nuclear energy, oil and natural gas and mines. Bayraktar shared a total investment estimate of over 300 billion dollars, saying that an investment of 30 billion dollars is required in 2035 and 50 billion dollars for distribution. He stated that Turkish Petroleum aims to reach a production capacity of 1 million barrels per day in 2035 and fully meet the demand for oil and natural gas in 2040. He also predicted that 16-17 million new vehicles will be on the road by 2040, 80% of which will be electric or hybrid. He emphasized that he plans to introduce legislation for SMRs in 2027 and to cooperate with the United States in the fields of nuclear energy, LNG, critical minerals and energy infrastructure. TAİK President Murat Özyeğin stated that energy transformation is critical for world energy security.
San Francisco-based Snorkel AI received $350 million in investment in the round led by Insight Partners and S32, increasing its valuation to $3.5 billion. The company meets the complex data needs of artificial intelligence laboratories with its agent-based data development platform.
According to the 2025 data of the World Steel Association, Turkey ranked 6th with 17.5 million tons of exports and 5th with 19.8 million tons of imports, becoming an important actor in global steel trade.

Legal obstacles initiated by 12 US states were lifted, and Paramount and Warner Bros. The $111 billion merger agreement between the two companies is now on track to be finalized in 2027, with only the completion of bureaucratic processes. The agreement aims to merge the HBO Max and Paramount+ platforms and mark a significant consolidation in the media industry.

UBS predicts that silver prices will rise to $80 by September 2027, driven by US dollar concerns, investment demand and technological sectors. Supply constraints and industrial demand stand out as the main factors supporting the rise.

Gold prices remain horizontal around $4,300 due to the impact of the Fed's interest policy, fluctuations in the oil market and geopolitical developments in West Asia. Investors follow central bank messages and diplomatic developments.