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Hyundai readies compact sedan; Verito, Amaze watch out

Hyundai Assan chairman Umit Karaarslan confirmed that the company is working on a compact sedan at the Izmit plant in Turkey. The car will use the next generation i10 components. "We will begin to......

Hyundai selects Turkey for i20 output

Having threatened to do so for months, Hyundai Motor said it has finally decided to move production of the premium hatchback i20 model for the European markets to Turkey, from its Sriperumpudur......

Indian Oil loses Tupras to Shell

India's bid for acquiring overseas energy assets received another blow when Indian Oil Corporation lost out in the race for Turkey's state-owned Tupras.The deal was bagged by a combine comprising......

IOC plans to buy Turkish refiner

Indian Oil Corporation, the country's largest oil firm, is eyeing acquisition of Turkey's biggest refiner - Turkish Petroleum Refineries Corporation (TUPRAS)."We are bidding for acquiring Turkish......

Here is how tyres are allocated to F1 teams without bias

In a statement explaining how the tyres are marked at their Turkish factory with embedded and traceable bar codes that cannot be swapped, Pirelli said their process was designed to be tamper-proof......

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