By on September 7, 2010

Hyundai plans to raise its worldwide production capacity (including Kia) to 6.5 million a year by 2012, company sources told The Nikkei [sub]. To put that into perspective: In 2009, the Hyundai/Kia chaebol sold 4,645,776  cars. To put it further into perspective: GM sold 6.5m cars worldwide in 2009. Here is the expansion blueprint:

  • Kia will expand annual capacity at its U.S. plant in Georgia to 150,000 cars before the end of this year. Expansion can go up to 300,000 units within several years.
  • Hyundai will build a third factory in China, adding 300,000 cars to the 600,000 cars a year capacity at two Beijing plants.
  • Hyundai plans to open plants in Russia and Brazil.
  • Hyundai plans to raise output capacity at its plant in the Czech Republic.
  • Kia Motors will boost production in Slovakia.

Hyundai/Kia is currently the world’s fifth-largest car maker by market share. By the end of the year, the production ranking will most likely be #1 GM, #2 Toyota, #3 Volkswagen, #4 Hyundai, #5 Ford.  Getting into the top 3 will be a bit harder.

Get the latest TTAC e-Newsletter!

8 Comments on “Hyundai Has Big Plans...”

  • avatar

    Some questions.  Hyundai and Kia seem to be taking the automotive world by storm, but in local ads, they’re being hawked by dealers who still yell “no job, no credit, no problem.”  You also see them in plentiful rental fleets.  Are they discounting to keep the factory working?  Are these still cars you won’t want to own in 5 years?

    • 0 avatar

      Are these still cars you won’t want to own in 5 years? Yes.

    • 0 avatar

      “Are these still cars you won’t want to own in 5 years?”
      My 01 Elantra is still running strong at 148k miles.  I bought it used with 138k, put some work into it, and have a decent cheap car.
      Hyundai’s 10/100 warranty (5/60 for second-hand) would be killing them if they didn’t have the quality to back it up.  That’s what happened to Chrysler’s original 7/70 warranty – they had to discontinue it since they couldn’t afford the repairs.

  • avatar

    Surprising to see how much of the capacity increases are planned for emerging/non-western markets.  Here in North America we tend to see Hyundai as the ugly duckling which grew upscale to take on Toyota, but globally it is a different sort of race. It seems that Hyundai is just as determined to expand its reach at the bottom end as the top.

  • avatar

    You make the production increase sound improbable.  It’s only 12% per year compounded.  That’s aggressive, but not unrealistic given Hyundai’s momentum.
    GM’s momentum is the other direction.  Hyundai’s real competitor will be Toyota.

  • avatar

    Looks like that likeable little underdog is actually just a volume hungry, greedy, mega corp. just like the rest of them.  It will bite them in the a$$ someday too. (and in some cases it already has)

    • 0 avatar

      Name one carmaker that isn’t.  Betcha a Toyota forklift that you can’t. How about a Honda pressure washer?
      If it wasn’t for the profitability of these lower-line products, who knows whether modern cars would be as well-developed as they are today?

    • 0 avatar

      I believe I said…”just like the rest of them”
      I’m glad you agree with me…

Back to TopLeave a Reply

You must be logged in to post a comment.

Subscribe without commenting

Recent Comments

  • Re: Lincoln Is Already Coming Back

    28-Cars-Later - He was probably right but I wonder if those issues were endemic to the AWD system. Did Ford even have an AWD system prior to use or did they have to hack one...
  • Re: Junkyard Find: Rolls-Royce Silver Shadow

    bumpy ii - I dunno, I can’t really see this car as a true British luxury vehicle. Looks like a condensed knockoff of a ’60s Continental or Ambassador....
  • Re: Lincoln Is Already Coming Back

    28-Cars-Later - @Principaldan The Explorer had numerous problems unrelated to the Firestone scandal most notably transmission, body/paint, and other build quality issues. We...
  • Re: QOTD: What’s The Worst Automaker Slogan?

    honda_lawn_art - Don’t forget, “Subaru, the car for your dog”. Actually it was marketed directly to dogs, probably in a frequency only they...
  • Re: Lincoln Is Already Coming Back

    FreedMike - I don’t think the picture’s inaccurate at all. Here’s one I took off of a ’15 sitting on a dealer lot....
  • Re: Lincoln Is Already Coming Back

    Alfisti - You guys jest surely?? I was shopping in this segment and the asking price for a loaded up MKC was $53,000 (CDN)!! That’s absolutely insane, we could drive a...
  • Re: QOTD: What’s The Worst Automaker Slogan?

  • Re: Lincoln Is Already Coming Back

    CoreyDL - Here’s what Steve Lang said in particular about the Aviator. Lincoln Aviator (a gussied-up, unpopular Ford Explorer that had unique sensor and software...
  • Re: Norway Set To Review EV Incentives Amid Soaring Sales

    voyager - The same discussion I see developing in the Netherlands, where the costs of fiscally favoring low/zero emission cars has costed close to 7...
  • Re: QOTD: What’s The Worst Automaker Slogan?

    honda_lawn_art - I’ll admit the saying is a clear response to the notion of Camry being an appliance, but it’s not the dullest car out there, and...

New Car Research

Get a Free Dealer Quote


  • Contributing Writers

  • Jack Baruth, United States
  • Brendan McAleer, Canada
  • Marcelo De Vasconcellos, Brazil
  • Vojta Dobes, Czech Republic
  • Matthias Gasnier, Australia
  • W. Christian 'Mental' Ward, Abu Dhabi
  • Cameron Aubernon, United States
  • J Emerson, United States