By on April 17, 2015

Hyundai Grand i10 Receiving Service in Mexico

Hyundai is planning on building a factory in Mexico, but only after annual domestic sales in the country rise to appropriate levels.

Bloomberg reports the automaker is waiting until annual sales exceed 50,000 before breaking ground on a factory for the Hyundai brand, per Hyundai Motor de Mexico managing director Pedro Albarran. He adds that the target could come as soon as 2018; 2014 sales totalled 12,000.

As for where it could be built, Albarran says the state of Nuevo Leon — where Kia is investing $1 billion into building a new factory of its own — would be an ideal location, and that Kia’s move to build the factory made Mexico more desirable for Hyundai, thanks to the factory attracting suppliers.

When operational, the Hyundai factory would produce over 100,000 units per year, and would include subcompacts popular in the country.

Get the latest TTAC e-Newsletter!

One Comment on “Hyundai To Build Mexican Factory After Sales Exceed 50K Per Year...”


  • avatar
    SCE to AUX

    That’s an interesting metric.

    It’s good for politicians, fanboys, and consumers alike to realize that companies don’t build plants out of charity; they do it to make money based upon a (supposedly) sound business model.

Read all comments

Back to TopLeave a Reply

You must be logged in to post a comment.

Recent Comments

  • Syke: It worked for them for over two decades.
  • Lou_BC: @ajla – All of the Jeep guys I know have complained about reliability and a lack of torque. They...
  • Syke: If you haven’t found it already, hit a site called Curbside Classic (curbsideclassic.com) which will have what...
  • ajla: Just as comparison: Honda Passport [email protected] [email protected] Chevy Blazer [email protected] [email protected] Jeep Grand...
  • Lou_BC: Maybe they did mean “sting” since we’ve had all these stories about workplace drug testing.

New Car Research

Get a Free Dealer Quote

Who We Are

  • Adam Tonge
  • Bozi Tatarevic
  • Corey Lewis
  • Mark Baruth
  • Ronnie Schreiber