Hyundai Motor considers fourth China plant-vice chairman

Newswire

SEOUL, May 10 (Reuters) - South Korea's Hyundai Motor is considering building a fourth car plant in China as it seeks to increase production overseas to counter rising costs at home, due to a firm local currency and labour issues, its vice chairman said on Friday. "We expect our capacity in China to become constrained by 2015 and 2016 ... and are considering the western part of China for expansion," Hsueh Yung-hsing told reporters. Hsueh also said construction ...

REGISTER NOW

To access this content simply register below now.
Registering is easy and allows you to:

  • Access all WardsAuto.com public content and newswire stories
  • Participate in forums
  • Comment on articles
  • Sign up for e-newsletters
  • And much more!
     

Already registered? here.
Insights

Dec 6, 2016
Video
WardsAuto

2017 Wards 10 Best Engines: Falling in Love With 6-Cyl. Turbos 2

BMW and Ford each have two stout turbo-6s in the hunt this year, while Infiniti has one. All five are smooth, extremely refined, reasonably fuel-efficient and dishing up loads of horsepower and torque....More

Enewsletters

Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×