Karsan strengthens European operations
By Luke Willetts - 3rd November 2024
France / Turkey – As part of its European expansion, Turkish bus manufacturer Karsan Otomotiv Sanayi ve Tic AŞ (Karsan) of Bursa, announced it has formed a strategic partnership with French dealer *Cosmobilis Group, which will play a crucial role in expanding Karsan's presence in several European markets, particularly in France, Belgium, Luxembourg, and Switzerland. Cosmobilis Group will import Karsan’s electric buses, and this partnership will allow Karsan to enhance its sales and after-sales services while benefiting from Cosmobilis' experience in the sector. Cosmobilis has acquired an 80% stake in HCI, Karsan's distribution arm in these regions.
Cosmobilis is a major name in mobility solutions across Europe, with a network of dealerships for both passenger and commercial vehicles. Through this partnership, the collaboration aligns with Cosmobilis' commitment to green mobility and smart city solutions, furthering both companies' goals to provide cutting-edge and environmentally friendly transport solutions. The deal marks a significant expansion for both Karsan, which strengthens its European operations.