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Inverstors News

Future Business and Management Plans

2006.01.12 No. 403

Hyundai Motor Group(HMG) is tudying for establishment of Engine plant in China in order to effectively respond to the fastest growing auto demand in china.
1. Type of plan : Establishment of Engine plant in China
2. Objective of plan : To respond to the fastest growing auto demand in China
3. Detailed Information :
- Expected plant site : Shandong in China
- Expected scale of plant : 400,000 units production
(We expect to produce passenger car engine in the mid-long term and this plan is subject to change according to environment of auto industry in China)
- Expected date of mass production : The end of 2008
- HMG is studying the business appropriateness to gain the ratification from the Chinese government related to estabilishment of engine plant in China; however, the details of plan have not confirmed yet.
4. Others :

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