On Tuesday, September 20, Hyundai inaugurated its first engine plant in Latin America, in Piracicaba (São Paulo), ten years after it started producing cars in the Brazilian market. Until then, the equipment was imported from South Korea.
The new R$500 million (US$97 million) unit was installed in the same area as the car plant. It can produce 70,000 engines annually and has generated 256 new jobs.
The company says the . . .
To read the full NEWS and much more, Subscribe to our Premium Membership Plan. Already Subscribed? Login Here