Hyundai Mobis to begin production in Beijing plant

Newswire

SEOUL, Oct 31 (Reuters) - Hyundai Mobis , the car parts unit of South Korea's top automaker, said on Friday it had completed a plant in Beijing capable of rolling out parts for 300,000 cars per year. Hyundai Mobis, an affiliate of Hyundai Motor Co , also said in a filing to the Korea Stock Exchange that it expected to record 220 billion won ($186.7 million) of sales from the plant next year. Parts would be supplied to Hyundai Beijing Automotive Corp, a 50-50 joint venture between Hyundai ...

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