Hyundai Assan Otomotiv
Hyundai Assan Otomotiv Sanayi ve Ticaret A.Ş. is a commercial vehicle and automobile manufacturer based in İzmit ( Turkey ). It is a joint venture between the South Korean Hyundai Motor Company (50%) and the Turkish Kibar Holding (50%).
history
The plant, which opened in 1997, was Hyundai's first overseas plant.
From 2002 to 2006, production could be more than quintupled to around 60,000 copies. One million vehicles were produced by 2014. In 2016, 229,089 units were produced.
More than 90 percent of the vehicles are exported.
Models
One of the early models that was already exported was the Hyundai Starex . The models i10 (since 2013) and i20 (since 2010) are manufactured.
Web links
Individual evidence
- ↑ a b Sinan Yüzal: Automotive and autoparts industry in Turkey , Export Promotion Center of Turkey 2007.
- ↑ Ayyegül Samsunlu & / Ali Akdemir: The Effect of Strategic Alliances on the Development of Automotive Industry: The Case of Turkey , in: Journal of Global Strategic Management , No. 1 (2007). Pp. 124-132.
- ↑ According to Kibar itself, the holding company only holds 30% and Hyundai the rest. See Hyundai Assan Otomotiv Sanayi ve Ticaret A.Ş. on kibar.com.
- ^ A b Hyundai Motor Manufacturing Plant in Turkey Produces 1 Millionth Vehicle. In: hyundaimotorgroup.com. July 15, 2014, accessed March 2, 2018 .
- ^ Hyundai Motor Manufacturing Plant in Turkey Produces 1 Millionth Vehicle. In: hyundai.com. July 14, 2015, accessed January 19, 2019 .
- ↑ a b c Turkey: Hyundai plans SUV production from 2019. In: automobil-produktion.de. January 4, 2017, accessed March 2, 2018 .