Hyundai Motor Group’s steel-making ability is getting a boost under the guidance of Chairman Chung Mong-koo, who is on a personal quest to eliminate dependence on outside sources of steel. Chung’s goal is to make both Hyundai Motor Co. Ltd. and Kia Motors Corp. totally self-sufficient within the group and for the group to become the world’s eighth-largest steel producer by 2010. Analysts say he is well on his way to achieving his target. ’06 Hyundai Sonota built in Alabama. ...
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