South Korea’s Hyundai Motor Co. Ltd. has no plans to cut back on new-plant investments for 2009 but remains flexible and is keeping a wary eye on the growing impact of the global financial crisis. While most major auto markets are being affected by a dramatic slowdown in vehicle deliveries, Hyundai will close out 2008 with a significant sales increase attributable to record-high exports, Ward’s learns. The Korean auto maker is following a program of broad product diversification and ...
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