VIENNA – Hyundai Assan, the Turkish joint venture owned 70% by Hyundai and 30% by Turkey’s Kibar Holding, will double its annual production capacity to 200,000 units from the current 100,000 by the end of 2013. The current capacity of 100,000 vehicles is calculated on the basis of two shifts and some overtime. In addition to the Hyundai i20 hatchback, which has been manufactured since 2010 at Hyundai Assan’s plant in Izmit, the auto maker will add production of the ...
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