South Korea's Hyundai Motor Co. Ltd. will build a factory in Europe so it can meet rising demand and skirt high tariffs, says Hyundai President Kim Dong-Jin. South Korea’s largest auto maker already has started construction of greenfield plants in the U.S. and China. "In order to resolve tariff problems, we plan to construct an automobile manufacturing plant in Europe after 2005, when the construction of the US plant is completed," Kim says in published reports. Feasibility ...
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