Beijing Hyundai Motor Co. Ltd. inaugurates its second plant in Beijing April 8, with the goal of producing 100,000 Chinese versions of the Elantra, called the Yuedong, which will help boost sales 65% this year to a total 380,000 for a 6.1% market share. The new car will be showcased at the Beijing International Motor Show April 22-28. “The new $790 million plant increases our capacity in China by 200,000 vehicles annually and will ramp up to 300,000 units by 2010,” a Hyundai spokesman ...
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