Monday, February 28, 2011

Hyundai to Ramp Up Production in Europe, Add 1,000 Jobs - WSJ.com

Hyundai Motor Co. plans to add a third shift this summer at its plant in the Czech Republic due to surging demand and create 1,000 new jobs there, marking the latest sign that the South Korean auto maker is plotting further inroads in Europe.

"This extra capacity will cover the predicted increase in demand for our cars built in Europe," Hyundai's chief operating officer for Europe, Allan Rushforth, said in an interview ahead of this week's Geneva motor show.

Production capacity at the plant will increase by about a third to 300,000 vehicles a year through the additional shift. The ...

Source: http://online.wsj.com

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