2023-08-23 10:37
Hyundai Motor puts Chongqing plant up for sale at $505 million
Hyundai Motor employees work at its No. 3 Beijing plant in China [HYUNDAI MOTOR] Hyundai Motor's Chongqing plant in China is up for sale at 3.68 billion yuan ($505 million), as the Korean automaker juggles its Chinese business amid slumping sales. Its Changzhou plant will also be up on sale within the year, which will reduce Hyundai's total number of operational factories in China from five to two. Beijing Hyundai is selling the land use rights, equipment and other facilities belonging to its plant in the southwestern Chinese city of Chongqing, according to Hyundai Motor on Wednesday.
https://n.news.naver.com/mnews/article/640/0000042473?sid=101
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https://n.news.naver.com/mnews/article/640/0000042473?sid=101
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