ISTANBUL -- Hyundai has applied to take full control of its factory in Turkey by buying a 30 percent stake now held by Kibar Holding, the Turkish Competition Authority said.
Hyundai already holds a 70 percent stake in the factory.
The Competition Authority website said Hyundai had made a request to take full control of the factory, which produces models such as the Hyundai i10 and i20.
The plant has capacity to produce 230,000 vehicles a year, most of which are exported to Europe.
