Hyundai Motor has completed the expansion of its vehicle assembly plant in Izmit, Turkey, with an investment of EUR475m (US$622.23m).

The move is likely to boost capacity of the Hyundai Assan Otomotive Sanayi (HAOS) facility to 200,000 units by 2014, reports Automotive Business Review. It will take the overall European production capacity of Hyundai to 500,000 units a year.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more

The automaker will manufacture the upgraded i10 and i20 models at the expanded plant.

Around 90% of vehicles sold in Europe will also have been built in the region by the end of 2013.

Just Auto Excellence Awards - Nominations Closed

Nominations are now closed for the Just Auto Technology Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.

Excellence in Action
Continental has secured the Window Displays Innovation Award in the 2025 Just Auto Excellence Awards for its Window Projection solution, transforming side windows into dynamic, data-rich canvases. Discover how this compact projection technology and intelligent software are reshaping in-car UX and opening fresh revenue streams for OEMs and mobility providers.

Discover the Impact