is an automotive company based in Kozyatagi, Istanbul, Turkey,[3] established at the end of 1994,[4] as a joint venture between the Hyundai Motor Company of South Korea and the Kibar Holding of Turkey.

It is operating a manufacturing plant located in İzmit, Turkey that was opened in September 1997, and produces Hyundai automobiles and commercial vehicles.

[5] The company was established at the end of 1994, as a 50–50% joint venture between the South Korean manufacturer and the Kibar Holding of Turkey, with the goal of opening a new manufacturing facility in İzmit, after the Hyundai brand's introduction to the country in 1990.

It was completed and started mass production in July 1997, with the official opening ceremony being held on 20 September 1997.

The first two models produced were the Hyundai Accent and the Grace, the Starex being added to the line-up in 2002, the Matrix in 2007, and the i20 in 2010.