Chongqing looks likely location for Hyundai’s 4th Chinese plant

In July 2012, South Korea's largest vehicle manufacturer Hyundai commenced pilot production at its third manufacturing plant in China. About a year later, the OEM officially stated its intention to set up a fourth plant in China. This decision to expand further in China was attributed to rising production costs in South Korea. It’s time … Continued

• By Webmaster
• March 27, 2014