# Siegfried Marcus Automobile investment controversy > Live situation record from CLSTR: https://clstr.news/situations/siegfried-marcus-automobile-investment-controversy > Updated: 2026-08-24T05:47:24.000Z. Sources: 2. Developments: 2. Siegfried Marcus Automobile initially reported plans to establish a production infrastructure in Turkey for its Marcus 5 model. Co-founder Özgür Baklan described the move as a “historic milestone” that would mark the first time a German passenger car brand established production in the country. The company claimed to be conducting technical and commercial evaluations with potential partners to support its manufacturing and export goals. However, subsequent investigations by media ombudsman Faruk Bildirici revealed that the claims were based on a non-existent company. While the name refers to a historical Austrian inventor, there is no registered mass-production automotive manufacturer by that name in Germany. Reports indicated that the purported brand was linked to Özgür Baklan, a former food wholesale executive, and that a company previously known as Özgür Baklan Global Otomotiv had been renamed to Siegfried Marcus Global Otomotiv in August 2026. ## Timeline ### 2026-08-24: Siegfried Marcus Automobile investment claims revealed as false Media ombudsman Faruk Bildirici exposed that reports of a major Turkish investment by ‘Siegfried Marcus Automobile’ are fraudulent, as no such automotive brand exists in Germany. 2 sources. https://clstr.news/cluster/siegfried-marcus-automobile-investment-claims-revealed-as-false ### 2026-08-13: Siegfried Marcus Automobile evaluates production in Turkey Siegfried Marcus Automobile is evaluating potential production partners in Turkey to manufacture its Marcus 5 model and future vehicles, marking a significant entry for a German passenger car brand in the local 6 sources. https://clstr.news/cluster/siegfried-marcus-automobile-evaluates-production-in-turkey --- Cite as: Siegfried Marcus Automobile investment controversy. CLSTR, https://clstr.news/situations/siegfried-marcus-automobile-investment-controversy