Karsan (Karsan Automotive Industry and Trade Joint-Stock Company) is a Turkish commercial vehicles manufacturer, based in Akçalar, Nilüfer, Bursa. "Karsan" is an acronym for "Karoseri Sanayii" (Carrosserie-Bodyworks Industry).
History
Karsan was founded in 1966 in Bursa, Turkey, to produce light commercial vehicles. Koç Group assumed management control of the company between 1979-1998. Later on, Kıraça Group took over the company in 1998 by acquiring the majority of the shares under the leadership of İnan Kıraç.<r[1]
Karsan, owned by 100% Turkish capital, produces and sells Peugeot light commercial vehicles under a licensing agreement with the French manufacturer, as well as the Fiat Ducato and its rebadged version the Peugeot Boxer.<r[2] In addition to these, Karsan produces and sells specialised vehicles such as ambulances, taxis, patrol vehicles and 4x4s.