It is co-owned by OYAK (Turkish: Ordu Yardımlaşma Kurumu, English: Army Pension Fund) and Renault.

[3] Oyak-Renault was established in 1969[4] by Renault, Oyak and Yapi Kredi Bank, starting production two years later.

[7] With an annual production capacity of 286,000 up to 360,000 units, it is the largest Renault factory outside Western Europe.

[8] The official car dealer network of Renault in Turkey is another joint venture known as MAİS A.Ş.

In addition to the automotive assembly, the plant operates its own gearbox and engine manufacturing.