New gen i10 production for Europe begins at Hyundai Assan Otomotiv Sanayi plant
Hyundai Motor Company Turkey plant expansion is now completed after 16 months. Hyundai Assan Otomotiv Sanayi (HAOS) has doubled annual capacity to 200,000 units at an investment of $634 million. An additional $43 million by year end will see total investment will reach $677 million, and creation of 2,700+ new jobs in Turkey.
The plant is responsible for i20 production, and i10 makes the site Hyundai Motor’s small car production base for Europe.
“HAOS will be the sole production centre of the New Generation i10, which has a strategic importance for European markets. We will continue investing more at HAOS to produce world-class quality vehicles,” said Euisun Chung, Vice Chairman of Hyundai Motor Company, during his speech at the ceremony.
New gen Hyundai i10 debuted 2013 Frankfurt Motor Show (IAA) this month. The new cars is designed, engineered and assembled in Europe to to meet Europe’s driver needs.