Honda in Turkey
KARTAL, Turkey - Honda began production at its Turkish joint-venture factory just outside Istanbul in December. Anadolu Honda Otomobilcilik AS will employ 750 workers to assemble 30,000 Civic four-door models a year. Honda hopes to raise output to 100,000 units a year. Honda's partner is Anadolu Endustri Holding AS.
NEW DELHI - Daewoo Motors India will achieve only half the sales target of 16 billion rupees ($248 million) it set for the fiscal year to 31 March 1998. Unit sales fell 20 percent in the April-September period.
Hyundai raises Assan output
South Korea's Hyundai said it plans to bring its Turkish plant to full capacity of 120,000 units annually by the second half of the year, two years earlier than first planned. Hyundai said sales were excellent in the last months of 1997. Hyundai Assan is a 50-50 joint venture with Turkey's Assan group.