Wednesday, May 23, 2012
By Pawan Rana
Hyundai starts production of new i20
Hyundai, the Korean car maker has started producing the new Hyundai i20 at its plant situated in Izmit (Turkey). This is also marked by Hyundai’s expansion plans in the country as the car maker will be investing around 600 million dollars to step up Hyundai car production to around 2 lakh cars annually in there. Notably, the Turkey plant is termed to be the best car plant and it has received “highest quality production facility” title recently. Currently Hyundai Accent Era and Hyundai i20 Troy models are manufactured here.
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Recently, the Hyundai plant in Turkey has also expanded its capacity and has added a lot of new jobs for the locals. It is from this plant that Hyundai also exports cars to some of the major destinations. The Turkish plant is one the most strategic production plant of the Korean car maker among the seven international plants it has outside its homeland. It is from here that Hyundai exports cars to over 60 countries. In 2007 as well the car maker has stepped up the capacity from 60,000 cars annually to 1 lakh car units. This is the plant that supplies cars to Europe, Africa, and the Middle East besides others. Notably, the signing of the proposed free trade agreement deal between the Korea and Turkey will further help boost production of cars in there.
Back in India, Hyundai has just launched the new Hyundai iGen i20 with much improved features and upgraded looks. The ‘live the uber life’ car new i20 is already a hit car by the Korean car maker and has further added some joy to the happiness. The i20 is the best selling model after Hyundai Eon, Hyundai i10 and Hyundai Santro. However, the Hyundai Accent model could not pick up in India due to the discontinuance of the CRDi diesel engine model.