Hyundai Motor Co. Ltd. has no plans to open a North American plant — for now, says Finbarr O'Neill, president and CEO Hyundai Motor America, although it will continue to study the possibility. A North American plant would likely build vehicles for subsidiary Kia Motor Corp. as well, using similar platforms. Stephen Girsky, an analyst for Morgan Stanley, says that a North American plant would eliminate one of Hyundai's greatest advantages, the weakness of the Korean won. He notes that a ...

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