hyundai motor\s china output tops 3 mln units
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

Hyundai motor's China output tops 3 mln units

Arab Today, arab today

Arab Today, arab today Hyundai motor's China output tops 3 mln units

Hong Kong - Yonhap

Hyundai Motor Co., South Korea's largest carmaker, said Wednesday its cumulative auto production in China has exceeded 3 million vehicles. The milestone was reached about eight years after Hyundai Motor's joint venture in China was set up in October 2002, the company said in a statement. Hyundai Motor was the fifth car manufacturer in China to achieve the milestone after Yiqi Volkswagen, Shanghai Volkswagen, Shanghai GM and Chery Automobile Co. It took 29 years for Yiqi Volkswagen to produce 3 million units, 22 years for Shanghai Volkswagen, 13 years for Shanghai GM and 14 years for Chery Automobile. Hyundai Motor, which now has an annual output capacity of 600,000 units, expects to increase the capacity to 1 million units a year when it opens its third plant in the world's No. 2 auto market next year. The South Korean automaker earlier said 363,473 units of its vehicles were sold in the January-June period, compared with 328,692 units a year earlier. The figure marks 50.5 percent of its full-year goal of 720,000 units. Hyundai officials estimated that the maker grabbed a 6.3 percent share of the Chinese market in the first half, making it the fourth-largest automobile seller in China. China overtook the United States as the world's largest automobile market in 2009 and 2010. Last year, the world's No. 2 economy saw its auto sales surge more than 32 percent on-year to hit 18.06 million vehicles.  

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

hyundai motor\s china output tops 3 mln units hyundai motor\s china output tops 3 mln units

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

hyundai motor\s china output tops 3 mln units hyundai motor\s china output tops 3 mln units

 



GMT 05:50 2017 Tuesday ,15 August

20 killed in Takhar funeral attack

GMT 04:51 2017 Thursday ,13 April

Huda Kattan among top 10 beauty influencers

GMT 09:44 2018 Saturday ,06 January

Aoun to deliver speech in Rome this afternoon

GMT 09:14 2017 Saturday ,30 December

London stocks end year on record high

GMT 11:47 2017 Monday ,11 December

France's rightwing shifts after Macron victory

GMT 04:49 2013 Monday ,27 May

Feng Shui living room concepts

GMT 19:45 2017 Wednesday ,18 January

The UAE Releases Global State of the Future Report

GMT 23:40 2017 Wednesday ,18 October

OIC condemns terrorist attack in Jeddah

GMT 16:41 2017 Saturday ,18 February

FBMA International Show Jumping Cup 2017 competition

GMT 17:43 2017 Tuesday ,14 February

Spanish activists taken to court over BDS activism
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday