Altinboga was founded in 1957 by Oktay Demirag in the Kasimpasa district of Istanbul, Turkey, moving in 1965 to a larger factory at Halic-Fener. Between 1970 and 1979 the company, then employing 250 people, worked on automobile and diesel engine production, building two automobile prototypes and four diesel engines of varying output, with the company crediting itself with producing Turkey's first wholly domestically made car in 1974. Rather than continue…