Hyundai is about to launch a new model – a new business model. The South Korean auto maker, which has taken advantage of lower labor rates at home to carve out an increasing slice of the U.S. entry-level vehicle market, will launch output in America for the first time in 2005. Even with the new plant’s location in the non-unionized South, labor costs will be rising for Hyundai, and that finally will force the auto maker to play by many of the same rules that govern others in the highly ...
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