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.