Hyundai Breaks Ground for Third Plant in China
- Hyundai’s production capacity in China to reach 1 mln units by 2012 - Hyundai continues to expand in world’s largest auto market(Seoul, Korea) Hyundai Motor Company, South Korea’s largest automaker, began construction of a third plant in China to respond to growing demand in the world’s largest automobile market. Beijing Hyundai Motor Company (BHMC), a 50-50 joint venture between Hyundai Motor and Beijing Automotive Industry Holding Co., held a ground-breaking ceremony for a 400,000 unit/year plant on Nov. 28 in Shunyi District, Beijing. The new plant is