The South Korean based automaker Hyundai has recently announced that the i10 production has been moved in Turkey, in order to boost European sales.
According to the company, the Hyundai i10 will be produced at the Izmit plant in Turkey and this action has been taken in order to boost the vehicle’s sales on the Old Continent. The Izmit facility is already producing the i20 model and with the new i10, the capacity will increase to almost 200,000 units annually. The i10 production will be moved in Turkey by the end of 2013 and it will create an additional 750 jobs, along with 1,500 new jobs at Hyundai’s suppliers.
“Our success is owned to the fact that we are producing cars in Europe, cars which Europeans want to drive”, said the Hyundai Motor Europe CEO, Allan Rushforth.
The Izmit plant in Turkey is built and used in a joint venture signed with Kibar Holding and after a recent investment, the facility can assemble 120,000 units annually. The Hyundai i10 is the fourth best sold model within the company, after the i30, the i20 and the ix35. Only 73,000 units of the Hyundai i10 have found new owners in Europe in 2011 and by 2013, the car manufacturer is hoping to sell 5000,000 units of all its vehicles annually.