Hyundai Motor Co. Ltd. officially announces plans to build its next plant in Czech Republic. Three possible sites are under consideration in the Moravskoslezsky region. They include Mosnov, near Ostrava, Nosovice and Dolni Lutyne. Other sites are in the running, as well. The new facility will have an annual capacity of 300,000 units, and would increase the country's car production to 1.1 million to 1.2 million units annually. “Hyundai Motor has carefully studied the need to advance to ...

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