 In 1992, the newer Ford Transit was put into production, and in 1993 the Ford Escort replaced the Ford Taunus on the production lines.In 1997, Ford further increased its share in the company to 41 percent, becoming equal partner with Koç Holding in the joint venture.In 1998, the groundbreaking ceremony was held for the new factory in Gölcük, Kocaeli, that became operational in 2001, replacing the Istanbul facility.