Hyundai Motor Co. Ltd. Vice Chairman Kim Dong-jin confirms the South Korean auto maker will build a second engine plant in China without the involvement of Beijing Automotive Industry Holding Co., its joint venture partner in Beijing Hyundai Motor Co. Ltd. The wholly owned factory will be located in Shandong province. (See related story: Hyundai Mulls Independent Chinese Engine Plant) Hyundai officials have denied media reports, saying only that the engine plant was in the study stage. ...
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