11th Mar 2009 07:00
HYUNDAI MOTOR COMPANY (HMC)
Corporate Disclosure to Korea Exchange
Disclosure Date : March 11, 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-New Equus
2. Project Details and Schedule
(1) Purpose : Development and Sales of New Model
(2) Features :
- Mounted with Tau engine and Lambda engine
- Application of Vehicle Stability Management
- Mounted with the latest technologies such as Pre-Safe Seat Belt, Lane Departure Warning System, etc
(3) Estimated Investments :
- Development Cost : Total KRW 500 Billion
- Development Period : 3 years
(4) Anticipated Effect (Sales Volume Target) :
- Korea : 13,000 units in 2009 / 19,000 units in 2010
- Overseas : Starting sales from second half of 2009
3. Date of Decision : March 11, 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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