English donga | Japanese donga | Chinese donga [ GB | Big5 ] | Korean donga
   
Archives
Business
IT
National
Politics
International
Sports
Editorial
Op-ed
Life
Entertainment
Link
Cartoon
Hate Practice
Hyundai Motor뭩 Turkey plant rolls out 1 millionth vehicle
JULY 16, 2014 06:42  
Hyundai Motor said on Tuesday its Turkey plant, Hyundai Assan Otomotiv Sanayi, has produced a cumulative total of 1 million vehicles as of Monday. The 1 millionth vehicle produced on Monday was the "i10" minicar, which was to be exported to Germany.

The plant, which was established in 1997 in Izmit, a port city near Istanbul, is producing the "i10" and the "i20," the Korean automaker뭩 strategic vehicles for Europe. In the early days, the plant would produce the "Accent" subcompact car, and the 밪tarex minivan, whose sales volumes are relatively small, and sold them in the Turkey market, or exported to Middle East countries nearby. But the company transformed the plant into an export base for the European market, starting with the production of the "i20" in 2010. Hyundai Motor increased the annual production at its Turkey plant from 60,000 units to 100,000 in 2007, before investing 690 million U.S. dollars last year to establish a system to roll out 200,000 vehicles every year.

A Hyundai Motor source said, 밫he plant뭩 operation rate will increase further when it starts producing the new "i20" subcompact at the year뭩 end.

Editorial
Timing matters for the government뭩 pension reform
The presidential office and the ruling party disagree...
Op-ed
Can newly-introduced fixed price system support publishing sector?
The revised fixed book price system goes into effect...
Copyright 2008 donga.com. All rights reserved.
Contact newsroom@donga.com for more information.