8th Jul 2009 07:00
HYUNDAI MOTOR COMPANY (HMC)
Corporate Disclosure to Korea Exchange
Disclosure Date : July 8, 2009
Disclosure Title : Business and Management Plan
* The below information may be subject to change in the future.
1. Plan : New Product Launch - Avante LPi Hybrid
2. Features :
- 1.6 Gamma LPi Engine (17.8km/L)
- Continuously Variable Transmission(CVT)
- Economy Driving Guidance, Hill-start Assist Control(HAC)
3. Investment Estimate :
- Development Cost : Total KRW 250.8 billion
- Development Period : 3 years and 7 months
4. Sales Volume Target :
- 2009 : Korea 7,500 units
- 2010 : Korea 15,000 units
5. Date of Disclosure Decision : July 8, 2009
6. Others :
- The 'Sales Volume Target' in #4 above may be subject to change depending on business and market conditions.
- The Decision Date in #5 above is the date of press release.
- For more information, please refer to the Hyundai Motor Company homepage at http://worldwide.hyundai.com
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