Hyundai Assan Otomotiv San ve Tic.
Type Joint Stock Company
Founded 1990
Headquarters İzmit, [Turkey]]
Area served Cyprus, European Union, Northern Cyprus, Turkey
Industry car dealership & automotive industry
Products automobiles & motor vehicles
Owner(s) Hyundai Motor (South Korea)
Kibar Holding (Turkey)

The Hyundai Assan Otomotiv San ve Tic. A.Ş. is a joint venture between the South Korean Hyundai Motor Company and Turkey's Kibar Holding. Starting initially as an importer in 1990, a decision was taken on 25th September 1995 to open an assembly plant in İzmit. The opening ceremony of the plant was held on 20th September 1997.

A total investment of 180,000,000 USD was needed to construct the assembly plant, covering 108,000 m² of the 233,000 m² premises. Annual production capacity is 125,000 units, and the company is currently the fifth largest automaker in Turkey. In a customer satisfaction survey, Hyundai Assan climbed to first place with a network of 50 dealers and 90 authorized garages.

As a result of unexpectedly high demand, Hyundai Assan invested in a second assembly plant, partnering with Anadolu Isuzu Automotive Industry & Trading A.Ş., located in Kozyatağı. The plant is used by both companies for CKD assembling. Officially, this is not a joint venture, nor is there an official owner.

A vehicle's plant of assembly can be identified through the vehicle identification number. The İzmit Assembly Plant's identification code is "NLJ", whilst the Kozyatağı Assembly Plant's identification code is "NLH".

Model overviewEdit

External linksEdit

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