VW-Turkey.

Kathimerini English - - Front Page -

Volk­swa­gen’s diesel emis­sions scan­dal has stalled the 600mil­lion-euro sale of Turk­ish parts sup­plier Teklas Kau­cuk, three sources with knowl­edge of the process told Reuters. Two for­eign bid­ders – US-based Coop­erS­tan­dard Au­to­mo­tive and a con­sor­tium of in­vest­ment firms Oak­tree Cap­i­tal Group and Turkey’s Esas Hold­ing – have pulled out to as­sess the im­pact of the scan­dal on Teklas’s sales, the sources said.

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