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offers strategic values for many businesses since it offers a gateway to the European market through its membership in the European Customs Union. Izmit, the city in which the Turkish plant of HMC is located, is a great location, since its proximity to another major automaker plant ensures easy procurement of auto parts. Its harbor area also facilitates the process of importing and exporting automobiles from and to the neighboring countries.
The HMC plant in Turkey is the fifth largest in the country. The high-speed test-drive course on the plant site - the longest in Turkey - allows every car produced to be tested. The plant also improves the quality of the CKD parts, while conducting double-checks on all procedures and processes to ensure thorough inspection.
As the gateway to the greater European market, the plant in Turkey will greatly aid the vision of HMC: that is, to become the world's leading automaker.
Name
Hyundai Assan Otomotive Sanayi (HAOS)
Location
Izmit, Turkey (located to the east of Istanbul)
Area
Land: 300,000 pyong / Building: 30,000 pyong
Investment Method
Cost shared in half between HMC and Kibbar of Turkey.
Production Capacity
60,000 cars in 2004; 100,000 cars in 2010
Models Produced
Verna, Grace, Starex
Main Events
Sep. 1997: Plant construction completed.
Feb. 2000: Production of Verna commenced.
2002: exports to Europe and Middle-Eastern countries began.
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