Become a Member
  • Track your favourite stocks
  • Create & monitor portfolios
  • Daily portfolio value
Sign Up
Quickpicks
Add shares to your
quickpicks to
display them here!

New product unveiling

13th Oct 2008 10:52

RNS Number : 6817F
Hyundai Motor Company
13 October 2008
 



HYUNDAI MOTOR COMPANY (HMC)

 

Corporate Disclosure to Korea Stock Exchange

Disclosure Date : October 13, 2008

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-Genesis Coupe

 

2. Features : 

 

Rear-Wheel Drive Platform

- Equipped with the V6 3.8 Lambda RS Engine and 2.0 Theta TCI

Engine

 

3. Expected Start of Sales Launch :

 

Korea : October 13, 2008 (Monday)

 

4Estimated Investments :

 

Development Cost : Total KRW 182,500 Million 

- Development Period : 25 months

 

5. Sales Volume Target 

 

- 2008 : Korea 2,500 units

2009 : Korea 5,000 units; Overseas 35,000 units

 

6. Date of Decision : October 10, 2008

 

7. Others : 

 

- The 'Sales Volume Target' in #5 above may be subject to change depending on business and market conditions.

 

The above date of decision in #6 is the date of media

announcement.

 

For more information, please refer to the Hyundai Motor Company

homepage at http://www.hyundai-motor.com 

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

Related Shares:

Hyundai Mtr.gdr
FTSE 100 Latest
Value10,472.11
Change118.27