Skip to content

🚗 Your People Are Here. Get In.

The internet is full of car content. This is the community.

Cheers & Gears has been bringing enthusiasts together since 2001. Join the conversation, show off your garage, and find your people.

Hyundai May Build Cars in Czech Republic

Featured Replies

Hyundai May Build Cars in Czech Republic

By Global Auto Systems Staff

February 17, 2006

The Korean automaker is said to have concluded negotiations on a $1.2 billion facility to assemble 300,000 vehicles a year.

PRAGUE — The Industry and Trade Ministry said it has concluded talks with Hyundai Motor to build a $1.2 billion assembly plant in the Czech Republic. A deal could be announced in early March at the Geneva Auto Show.

Hyundai's Kia subsidiary will begin assembling cars this year at a new plant in neighboring Slovakia. The two brands are among the fastest-growing in Europe.

Hyundai executives have said the company could spend up to a billion euros on a new factory in Central Europe, where talks have focused primarily on the Czech Republic. They have not specified which models are likely to be produced there.

Currently, most Hyundai cars sold in Europe are exported from Korea.

Link: http://globalautosystems.com/index.php?opt...id=261&Itemid=2

Where's GT1750? :)

Better the Koreans than the Japanese.

Edited by Sixty8panther

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

Latest News

Who's Online (See full list)

Account

Navigation

Search

Search

Configure browser push notifications

Chrome (Android)
  1. Tap the lock icon next to the address bar.
  2. Tap Permissions → Notifications.
  3. Adjust your preference.
Chrome (Desktop)
  1. Click the padlock icon in the address bar.
  2. Select Site settings.
  3. Find Notifications and adjust your preference.