The funds have been used to double the annual capacity at the Hyundai Assan Otomotiv Sanayi plant to 200,000 units, enabling the i10 to be added to the existing i20 production. An additional $43m (€31.8m) will be added by the end of this year, bringing the total investment to $677m (€500.5m).

The production of the new i10 was commemorated with a ceremony attended by Republic of Turkey Minister of Economy Zafer Caglayan, Korean Ambassador of Turkey Sang-Kyu Lee, and Hyundai Motor Company vice chairman Euisun Chung, as well as executives, HAOS employees and media.

‘HAOS will be the sole production centre of the New Generation i10, which has a strategic importance for European markets. We will continue investing more at HAOS to produce world-class quality vehicles,’ said Euisun Chung, vice chairman of Hyundai Motor Company, during his speech at the ceremony.