The Hyundai Assan Otomotiv San ve Tic. A.Ş. is an automotive company based in Kozyatagi,

Istanbul Istanbul is the List of largest cities and towns in Turkey, largest city in Turkey, constituting the country's economic, cultural, and historical heart. With Demographics of Istanbul, a population over , it is home to 18% of the Demographics ...

Turkey Turkey, officially the Republic of Türkiye, is a country mainly located in Anatolia in West Asia, with a relatively small part called East Thrace in Southeast Europe. It borders the Black Sea to the north; Georgia (country), Georgia, Armen ...

, established at the end of 1994, as a joint venture between the

Hyundai Motor Company Hyundai Motor Company, often referred to as Hyundai Motors, ( ) and commonly known as Hyundai (), is a South Korean multinational corporation, multinational Automotive industry, automotive manufacturer headquartered in Seoul, South Korea, which ...

of South Korea and the Kibar Holding of Turkey. It is operating a manufacturing plant located in

İzmit İzmit () is a municipality and the capital Districts of Turkey, district of Kocaeli Province, Turkey. Its area is 480 km2, and its population is 376,056 (2022). The capital of Kocaeli Province, it is located at the Gulf of İzmit in the Sea ...

, Turkey that was opened in September 1997, and produces Hyundai automobiles and commercial vehicles.

Overview

The company was established at the end of 1994, as a 50–50% joint venture between the South Korean manufacturer and the Kibar Holding of Turkey, with the goal of opening a new manufacturing facility in

, after the Hyundai brand's introduction to the country in 1990. The groundbreaking ceremony of the factory was held on 25 September 1995. It was completed and started mass production in July 1997, with the official opening ceremony being held on 20 September 1997. The factory covers 108,000 m² of the 233,000 m² total area and has an annual production capacity of 210,000 units (increased in 2013 from an initial of 125,000 units, with a US$609 million investment), the company being the fifth-largest automaker in Turkey. The total first stage investment was US$180 million. The first two models produced were the Hyundai Accent and the

Grace Grace may refer to: Places United States * Grace, Idaho, a city * Grace (CTA station), Chicago Transit Authority's Howard Line, Illinois * Little Goose Creek (Kentucky), location of Grace post office * Grace, Carroll County, Missouri, an uni ...

, the Starex being added to the line-up in 2002, the

Matrix Matrix (: matrices or matrixes) or MATRIX may refer to: Science and mathematics * Matrix (mathematics), a rectangular array of numbers, symbols or expressions * Matrix (logic), part of a formula in prenex normal form * Matrix (biology), the m ...

in 2007, and the i20 in 2010. On 15 July 2014, the company produced its one millionth vehicle. Korean car parts companies like Hyundai mobis, Assan hanil and Assan posco stainless mill have plant near Hyundai Assan turkey factory

Current models in production

Hyundai i20 The Hyundai i20 is a supermini hatchback produced by Hyundai since 2008. The i20 made its debut at the Paris Motor Show in October 2008, and sits between the i10 and i30. The i20 replaces the Getz in nearly all of its markets, while several ...

(2010–present) * Hyundai i10 (2013–present) * Hyundai Bayon (2021–present)

Former models in production

* Hyundai Accent (1997–2012) * Hyundai Grace (1997–2006) *

Hyundai Starex The Hyundai Starex () is a series of light commercial vehicles built by Hyundai. The first-generation models were known in Europe as Hyundai H-1, and in the Netherlands as Hyundai H200. The cargo variant of the second-generation models was marke ...

(2002–2007) * Hyundai Matrix (2007–2010)

References

External links

Official website
{{Turkish automobile brands and manufacturers Vehicle manufacturing companies established in 1994 Assan Car manufacturers of Turkey Manufacturing companies based in Istanbul

Overview

Current models in production

Former models in production

See also

References

External links