Hyundai And Kia Register 13.7% Rise In Overseas Production


News: Overseas production from South Korean automakers Hyundai Motor and Kia Motors rose 13.7% y-o-y, to 3.78mn units, in January-November 2013, compared with 3.64mn units in the same period of 2012, according to the Korea Automobile Manufacturers Association. The growth was attributed to aggressive overseas marketing and plant expansions. Additionally, Hyundai and Kia are planning to expand their manufacturing facilities in Europe, despite a flat market in the region.

This article is tagged to:
Sector: Autos
Geography: South Korea

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