Karsan which also produces the new HD will also be the leaping board of Hyundai
Karsan has started the production of new Hyundai HD Series light truck. Karsan CEO Selek said that Karsan would be a leaping board for Hyundai in the region.
Karsan has started the production of new HD series light truck under the scope of its exclusive production and distribution agreement with Hyundai Motor Company. At the ceremony held in Bursa Organized Industry Zone Hyundai Motor Company Vice President of Commercial Vehicles W.S.Min stated that in commercial vehicle class they have made a strong entry to light truck market in Turkey in 2007 along with Karsan and said “Throughout this period we have carried forward our market share to 8 percent in 2008 and to 20 percent in 2009. Our goal is to be one of the leading commercial vehicle brands in Turkey by maintaining our cooperation with Karsan.
Karsan CEO Murat Selek indicated that they have started the production of new HD Series vehicles that comply with Euro 4 norms and said that the indigenousness rate in the series was close to 10 percent and that rate would increase in future periods.
“We will undertake an active role with Hyundai in the area for the next period and have export oriented activities. We are continuing our analysis in the surrounding markets. We are co-determining the role which will be given by Hyundai to Karsan towards its plans for the region within the framework of its global strategy. However I can say that Karsan and Turkey would assume the role of a leaping board for Hyundai for its expansion to the region from the Far East.” said Selek, who reminded that they have signed a memorandum of understanding with Hyundai in the previous year.
IT WILL PRODUCE BUSSES
Selek also announced that they would begin bus production through their cooperation with Italian firm BredaMenarinibus. Karsan which engages in multi brand production in a single factory as of 2002 manufactures Renault Trucks Premium, Lander, Kerax, Peugot Partner, Citroen Berlingo, Karsan J9 Premier and Hyundai HD Series models.