17th Sep 2009 08:11
HYUNDAI MOTOR COMPANY (HMC)
Corporate Disclosure to Korea Exchange
Disclosure Date : September 17, 2009
Disclosure Title : Business and Management Plan
* The below plan summary may be subject to change based on
future circumstances
1. Type of plan : New Product Unveiling - YF Sonata
2. Project Details and Schedule
(1) Purpose : Development and Sales of New Model
(2) Features :
- Application of Six Speed Automatic Transmission
- Mounted with 2.0 Theta II MPi Engine
- Application of Hill-start Assist Control, Brake
Assis System, 3-Piece Panorama Sunroof, etc
(3) Estimated Investments :
- Development Cost : Total KRW 450 Billion
- Development Period : 4 years
(4) Anticipated Effect (Sales Volume Target) :
- 2009 : 60,000 units (Korea)
- From 2011 : 450,000 units (Korea / Overseas)
3. Date of Decision : September 17, 2009
4. Others :
- The 'Sales Volume Target' in #2-(4) above may be subject to change depending on business and market conditions.
- The above date of decision in #3 is the date of media announcement of new car launching.
- For more information, please refer to the Hyundai Motor Company homepage at http://www.hyundai.com
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