4th Nov 2008 10:14
HYUNDAI MOTOR COMPANY (HMC)
Corporate Disclosure to Korea Stock Exchange
Disclosure Date : November 4, 2008
Disclosure Title : Business and Management Plan
* The below plan may be subject to change based on future circumstances
1. Type of plan : New product developemt - Diesel engine 'R' for passenger car.
2. Features :
- Meets the EURO5 standard(European environmental emmissions regulation)
- Application of the third generation Piezo-electric common rail injection system
- Application of highly efficient EGR(Exaust Gas Recirculation) system
3. Estimated Investments :
- Development Cost : Total KRW 250 billion
- Development Period : 42 months
4. Anticipated effect :
- Plan to mount in Santa Fe, Tucson, Sonata etc, from 2009
- Strengthen competitiveness in the diesel passenger car market
5. Date of Decision : November 4, 2008
6. Others :
- The anticipated effects in #4 above may be subject to change depending on business and market conditions.
- The above date of decision in #5 is the date of symposium.
- For more information, please refer to the Hyundai Motor Company homepage at http://www.hyundai-motor.com
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