Kia Motors Corp. announced its plans to entry on the Mexican car market today. The first part of Kia’s presence in Mexico will start on July, and later, in 2016 the local market factory will start manufacturing cars. (more…)
Hyundai Motor America plans to expand its U.S. factory, three people familiar with the matter said, hoping to ramp up production of SUVs as lower oil prices boost demand for trucks. (more…)
Hyundai second US Plant plan to build a new factory with an annual production capacity of 300,000 vehicles emerged today. (more…)
Hyundai Motor Group will invest $73 billion by 2018 to consolidate its global position, the automaker said on Tuesday. The new investment plan follows the firm’s purchase last year of a site Gangnam, Seoul for a massive new headquarters. (more…)
Hyundai Motor Group held a kick off meeting of the year 2015 earlier this Month, where its chairman Chung Mong-Koo encouraged employees to achieve annual sales of 8.2 million units this year and to prepare for the era of 9 million sales.
