AUTOSHOW-Hyundai says Czech plant deal 'very close'

Newswire

GENEVA, Feb 28 (Reuters) - South Korea's top auto maker, Hyundai Motor Co , said on Tuesday it was very close to a deal to set up a 1-billion-euro ($1.19 billion) car plant in the Czech Republic. "We are very close at this particular time," Hyundai Europe Vice President Gerry Dorizas told Reuters on the sidelines of the Geneva autoshow. He added that he was "confident" a deal would be secured. Hyundai hopes to build 300,000 cars a year from 2008 at the new plant. ($1=.8441 Euro)

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