Beijing Hyundai Motor Co. Ltd. plans to build a third production facility in China to meet soaring vehicle demand, confirms Chung Mong-koo, chairman of the Hyundai-Kia Automotive Group. “We don’t have specifics at this point, but we will proceed gradually with the plan,” he tells reporters during a recent visit to China. Chung was in the country to conduct site-management work at BHMC’s plants in Beijing and at the Dongfeng Yueda Kia Automobile Co. joint-venture facility in Yenching, ...
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