Wednesday, February 3, 2010

Hyundai Mulls New Canada Plant

reported that Hyundai, the possibility of a new production plant in Canada will be considered if the brand sets its growth trend. "Canada should, where our volumes grow to the point we have a system we would investigate. Hyundai chairman and chief executive of Germany, "said Steve Kelleher. But, he warned," for producers a real desire to grow revenues and built equipment to meet this growth, but it too fast you lose focus on what you have, where you are in the first place and quality. "goodness, what could he possibly referring to?

Mr. Kelleher said material and the reflection that if the market share of Hyundai, growing by 10-15%, would be sufficient to make a profitable investment. Hyundai is not far from this goal, the share rose 6% to 7.5% of one years ago. And it was not only produces Hyundai Hyundai also have a positive impact on adding more dealers across Canada that a good experience for growth. "Hyundai is sustainable revenue growth," said Kelleher. Auto Manufacturers in Canada had a game plan better by now, because Hyundai is not waiting for anyone.

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