July 15, 2014 – Hyundai Motor Manufacturing plant in Turkey, Hyundai Assan Otomotiv Sanayi (HAOS), has produced its 1 millionth vehicle with a ceremony held at the facility, participated by company executives and workers.
After doubling the capacity last year to more than 200,000 units with an investment of $609 million, the plant has added the all-new i10 to its production line-up alongside the i20. The 1 millionth vehicle out of the line has become an i10 model, which was produced to be exported to Germany.
“The single millionth car roll-out is an important milestone of Hyundai Motor’s endeavors to the Turkish auto industry. We will continue to focus our efforts to produce world-class products to European markets.” said Won Shin Chang, Head of Hyundai Assan Otomotiv Sanayi (HAOS).
Established in 1997, HAOS is the first overseas plant among Hyundai Motor’s 7 current plants outside of Korea, and is the start of the brand’s globalization program. The plant has produced vehicles for Turkish market until 2002 and exports began to closer regions with the LCV model Starex. The annual capacity was first increased to 100,000 units by 2007 and then to 200,000 units in 2013.
Now the plant is the sole manufacturing base to i10 and i20 models for Turkish and European markets, with a 3-shift operation. The plant has produced around 100,000 vehicles in the first half of 2014, where over 50% units are i10. In addition, almost 90,000 cars are exported to more than 30 countries, mainly to Europe.
The production capacity of Hyundai Motor in Europe will exceed 500,000 units together with the Czech Plant in Nosovice, and more than 90% of the vehicles sold in Europe will be provided from these two European plants.
-Ends- About Hyundai Motor Company
Established in 1967, Hyundai Motor Company is committed to becoming a lifetime partner in automobiles and beyond. The company, which leads the Hyundai Motor Group, an innovative business structure capable of circulating resources from molten iron to finished cars, offers top-quality best-sellers such as Elantra, Sonata and Genesis. Hyundai Motor has seven manufacturing bases and seven design & technical centers outside of South Korea and in 2013, sold 4.73 million vehicles globally. With almost 100,000 employees worldwide, Hyundai Motor continues to enhance its product line-up with localized models and strives to strengthen its leadership in clean technology, starting with the world’s first mass-produced hydrogen-powered vehicle, ix35 Fuel Cell.
More information about Hyundai Motor and its products can be found at: http://worldwide.hyundai.com
or http://www.hyundaiglobalnews.com About Hyundai Assan
Turkish customers first met Hyundai in 1990 as Assan M.A.S. became the distributor to the brand. Then Hyundai Assan Otomotiv Sanayi (HAOS) was established to produce vehicles for the Turkish market and the region. The plant in Izmit region started production in 1997 and currently produces the i20 model for domestic and European markets. In 2012, it was decided to double the capacity of the plant to over 200,000 units and production of the new i10 was added in 2013. Hyundai is among the top-selling brands in the Turkish market with around 50,000 units sold and a 6% market share in 2013.
More information about Hyundai and its products in Turkey is available at www.hyundai.com.tr
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