Hyundai’s longest-serving plant outside of Korea, HAOS recently benefitted from significant investment to boost production capacity, bringing New Generation i10 production to Europe and providing a number of benefits to the region.
Hyundai’s manufacturing plant is located in lzmit, Turkey.
€1 billion - Total investment into the plant since 1995
€475 million - Investment into plant to boost production to 210.000 units per annum
Spotlight on HAOS
Hyundai’s first foreign plant, HAOS has seen more than €1 billion invested since construction began in 1995 and will provide employment for 2.350 people by 2014. The plant serves as a key strategic foothold for the company, connecting Europe, Africa and the Middle East.
In 2007, the addition of a new shift saw capacity increase from 60.000 to 125.000 while a €475 million investment announced in May 2012 will see annual production reach 210.000 by 2014.
Key milestones and achievements
1995 - Groundbreaking for Hyundai’s first foreign plant takes place
1997 - First cars roll of the production line
2007 - New shift added to production, increasing capacity to 125.000 units
2012 - €475 million investment into the factory and local supplier park to build New Generation i10
New i20 enters productions
2013 - New Generation i10 joins the production line
1997 - 60.000
2007 - 125.000
2013 - 210.000
About Hyundai Motor
Established in 1967, Hyundai Motor Co. has grown into the Hyundai Motor Group, with more than two dozen auto-related subsidiaries and affiliates. Hyundai Motor - which has seven manufacturing bases outside of South Korea including Brazil, China, the Czech Republic, India, Russia, Turkey and the U.S. - sold 4,4 million vehicles globally in 2012. Hyundai Motor, which employs over 80.000 worldwide, offers a full line-up of products including small to large passenger vehicles, SUVs and commercial vehicles.
Further information about Hyundai Motor and its products is available at http://www.hyundai.com/.
About Hyundai Motor Europe
The company designs, engineers and manufactures cars in Europe, specifically for European consumers. In 2012, Hyundai achieved European sales of 444.000 units, taking a new-car market share of 3,5%. Almost 95% of the vehicles Hyundai sells in the region are designed, engineered and tested in Europe. And more than 70% are built at its two local factories (Czech Republic and Turkey), including New Generation i30, which is shortlisted for Europe’s 2013 Car of the Year award. Hyundai sells cars in 28 European countries across 2.500 outlets.
Hyundai offers its unique, Europe-only, Five Year Triple Care warranty package with all new cars sold in the region, providing customers with a five-year warranty with no mileage limit, five years of roadside assistance and five years of vehicle health checks.
More information about Hyundai Motor Europe and its products is available at www.hyundai.com/eu.