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Hyundai Motor Opens New Plant in Cangzhou

By Hong Soon-do, Beijing correspondent, AsiaToday - South Korean automaker Hyundai Motor Group has opened its fourth manufacturing plant in China in the city of Cangzhou in Hubei Province to boost its presence in China. On current plans, the company is expected to achieve cumulative sales of ten million units by 2018. Hyundai Motor expressed its will to boost its presence in China at a opening ceremony of the Cangzhou manufacturing plant with an annual capacity of 300,000 units on October 18, which coincides with the company's 14th year of operation in China.
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