Hyundai Motor Co. Ltd. and affiliate Kia Motors Corp. – which together entered the ranks of the world's 10 biggest auto makers last year by producing 2.52 million vehicles – plan to expand production by more than 100,000 units this year in a bid to become the world's eighth-largest auto manufacturer. If it occurs, the South Korean group would surpass Japan’s Nissan Motor Co. Ltd. in output. Hyundai officials say their company trailed Nissan last year by 60,000 units. According to industry ...
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