Hyundai Strengthens its Chinese Presence with new Facility

Hyundai is currently building a one billion dollar facility in Beijing.  We all know how the sales of new Hyundai vehicles are strong in the US market.  But maintaining a strong presence in China is one of the company goals for Hyundai.  So the South Korean auto maker is making moves to strengthen its presence in China by building this facility.

Since Hyundai is battling to gain a spot as one of the top three best-selling automakers in China, the new facility will help continue its growth into the Chinese market.  Hyundai also would like to continue pushing more luxury models outside of China.  Models such as the Hyundai Genesis Sedan are popular in China since the population has shown a preference for vehicles that contain lots of amenities.

Hyundai is taking another step to push its Chinese presence by modifying the wheelbase of the Hyundai Elantra.  The South Korean automaker plans to stretch the wheelbase of the sedan, giving it a longer look and feel to keep up with the demand for extended-wheelbase vehicles across China.  The Elantra will also stand taller but will still maintain the same efficiency that we at Taylor Hyundai expect from the car company.

Will the Korean automaker improve its standing in the most populated country in the world?  Stay tuned to Taylor Hyundai's blog or drop by at 12681 Eckel Junction Rd, Perrysburg, OH 43551 to take a look at the 2012 Hyundai Elantra.


Categories: Fleet, News