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Business & Management Plan

25th Aug 2009 07:00

RNS Number : 9441X
Hyundai Motor Company
25 August 2009
 



HYUNDAI MOTOR COMPANY (HMC)

Corporate Disclosure to Korea Exchange

Disclosure Date : August 25, 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 - Tucson ix

 

2. Project Details and Schedule

(1) Purpose : Development and Sales of New Model

(2) Features : 

Mounted with 2.0 R Engine (Diesel Model)

Application of Panorama Sun Roof, Emergency Stop Signal, Vehicle Dynamic Control, etc

 

(3) Estimated Investments :

Development Cost : Total KRW 280 Billion 

- Development Period : 3 years

 

(4) Anticipated Effect (Sales Volume Target) 

Korea : 16,000 units in 2009 / 40,000 units in 2010

 

3Date of Decision : August 25, 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 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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