Hyundai Plans Two New Auto Plants in China

Newswire

SEOUL, Aug 18 (Reuters) - Hyundai Motor Co plans to remodel a car assembly plant belonging to a Chinese partner, a newspaper reported, a move which could help pave the way for the South Korean automaker to build a separate factory in western China. Hyundai, which currently only has factories in eastern China, has said it is keen to build a plant in China's southwestern city of Chongqing which would help it tap growing demand in western parts of the country. But it has yet to gain the ...

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