UPDATE 1-Turkish Ford Otosan: suspends production at plants


(Adds background, detail, analyst quote) ISTANBUL, Jan 29 (Reuters) - Ford Otosan , a joint venture between Turkish conglomerate Koc Holding and U.S. carmaker Ford , said in a statement on Thursday it was suspending output at two plants. The company will halt production for 13 days at a plant in Izmit and suspend output for 16 days at a second factory. Waning consumer demand in Turkey and shrinking export markets abroad have forced carmakers and automobile component manufacturers in ...

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