Hyundai to boost Izmit, Turkey site capacity to 200,000 units

Article by Anita Panait, on July 15, 2013

Hyundai will hike the annual output capacity of its Izmit site in Turkey to 200,000 units to prepare for the shift of production of i10 minicar replacement from India. The site also produces the i20 subcompact. The increased output at the Izmit site will mean that Hyundai will locally build around 90 percent of all vehicles sold in the region.

The South Korean carmaker’s site in Czech Republic could build 300,000 annual, while its St. Petersburg plant in Russia can produce 150,000. In 2012, Hyundai posted a 10.5-percent growth in vehicles sales the Europe Union to just below 400,000 units, according to the manufacturers' association ACEA. Hyundai, however, failed to match last year’s growth as it posted a 2-percent drop in sales to 176,157 in the first six months of 2013.

Hyundai is expecting the new i10 to jump-start growth again. Hyundai will unveil the i10 at the 2013 Frankfurt auto show in September and will roll the model out in Europe at the end of the year. Just like the current car, the new i10 will be available in five-door, gasoline versions only. The Izmit site will also produce all the models of the replacement for the i20 at the end of 2014.

Topics: hyundai, turkey

If you liked the article, share on:

Comments

Login or Create new account to add a comment!

Recommended

The highlight of this year’s Consumer Electronics Show may be based on some of these keywords---connectivity, integration and partnership. Just like in the previous year, you’ve probably heard and read...
by - January 16, 2017
Less than three weeks to go and the Super Bowl LI – one of the most awaited and most watched sports events in television – will commence on February 5,...
by - January 16, 2017
New Tesla vehicles will have to pay when charging at any of the carmaker’s Supercharger stations once they exceed their annual limits. This comes as Tesla Motors announced revisions in...
by - January 16, 2017
Off-road driving with an open air vehicle provides another kind of experience for many off-road enthusiasts and fans. For this sake, Ford is planning to offer a version of the...
by - January 16, 2017
For those who love driving, future autonomous cars should be like the Toyota Concept-i that is drawing in a multitude of visitors at the 2017 Consumer Electronics Show in Las...
by - January 15, 2017
Facebook

Youtube Channel

Tip Us
Do you have a tip for us?
Did you film an important event?
Contact us
Newsletter
Subscribe to our newsletter!
Subscribe
Galleries