Sunday, June 9, 2013

Hyundai to increase car production volume in Europe ~ car loan




- Manufacturer of Korean car Hyundai has announced that 90% of their vehicles sold in Europe will soon be produced in the continent.


Hyundai introduced the i10 will run in the new city before the end of this year and will move manufacturing operations versions of the smallest cars sold in Europe from India to Turkey.


Thus, only cars sold in Europe only, but not produced in the continent is the model for the UK and Ireland continue to be produced in India and the model for the right-hand drive markets.


Decision on new i10 model above means that 90% of Hyundai vehicles sold in Europe are produced in the continent. Korean automaker said there were 10 cars sold in Europe are produced only 1 unit in Korea.


Most Hyundai cars sold in Europe are produced in Nosovice plant in the Czech Republic, located near Kia's Zilina factory. Nosovice plant produces transmissions for both Hyundai and Kia's Zilina factory in the engine manufacturer.


Car production at the two plants shared chassis. Nosovice product production line Hyundai i30, ix20 MPV ix350 crossovers and small, and the plant has a production capacity of 300,000 units / year.


Senior Vice President of Hyundai in Europe, Allan Rushforth said: "We are proud to maintain 100% operating capacity at the plant in the context of the European market is too weak and difficult to predict. So far this year, the volume of cars sold in Europe our song down about 5% of our market share increased slightly. "

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