Otokoç car rental launches services in Hungary

Automotive

The new Budget Hungary facility, and Otokoç Otomotivʼs first investment in Europe, was opened on Monday, according to a press release issued yesterday.

Otokoç Otomotiv recently began operations in Hungary under the Budget brand. In his speech following the opening, Cenk Çimen, Head of Automotive Group of Koç Holding, said, “As the Automotive Group of Koç Holding, we are currently making our biggest investments both in Turkey and abroad. We are proud of our industrial investments, ... which are among the largest projects in Turkey, and will make significant contributions to the efforts to close our country’s foreign trade deficit”. He added that “Hungary is one of the most important centers to penetrate Europe.”

Görgün Özdemir, General Manager of Otokoç Otomotiv, promised to provide better service to their customers with the new office.“We are a leader in Turkey in the short- and long-term car rental industry with our Avis and Budget brands,” he added.

“Our share has already reached 7% in the Hungarian car rental market, where we have recently started to operate. Our objective is to be in the Top 3 of the short-term car rental market within the next three years. We are also aiming to have a significant share in the long-term car rental market from next year,” İnan Ekici, Assistant General Manager for Car Rental at Otokoç Otomotiv, said.

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