Hyundai Motor Group Chairman Chung Mong-koo says in a recent presentation to government officials in Sao Palo, Brazil, that he is considering construction of a fully integrated vehicle-assembly plant in the region. “Hyundai hopes to increase our market presence in Latin America with continuous expansion of economic cooperation between the two countries, including a plan we are considering for building a car factory with capacity of 100,000 units (annually),” Chung says in a statement. ...
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