Dong-Jin Kim, Ph.D., Vice Chairman & CEO of Hyundai, talks about Hyundai’s manufacturing plants. Assan plant is about ten years old and Hyundai has built six or seven plants since then. Slovakia, Brazil and Georgia, U.S.A. will all have plants opening soon.
Hyundai owns a steel company and is looking at procuring iron ore from Brazil to make steel. How much steel product is in one vehicle and will Hyundai become more competitive if they produce their own steel?
And lastly, what does Vice-Chairman Kim want people to think of when they hear the word Hyundai? and what does Hyundai mean in Korean?