Tofaş (acronym for Türk Otomobil Fabrikası Anonim Şirketi; pronounced [tofaʃ]) is a Turkish automaker, based in Bursa, Turkey, where also a plant of the company is located. It builds Fiat models under license and also some locally-designed vehicles (mainly used as taxicabs). Tofaş is equally owned by Fiat and Koç Holding (37.8% Fiat Group Automobiles, 37.8% Koç, 24.3% others).