Hyundai plans to commence trial production in Brazil from September this year, according to AutoData.


The plant is operated by Hyundai Montadora de Veículos, a division of Grupo Caoa, and is located in the city of Anápolis, state of Goiás.


The company has invested $30m in a new paint plant. A total of $100m will be invested in the plant. 70% of the investment has been made and the operation will start hiring from May.


Full production of the Hyundai HR light truck is due to start in December 2006 or January 2007, and six months later a passenger car will be added to production.


The plant will have a 130,000-unit capacity, and is aiming to produce up to 60,000 annually within three years.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.