Hyundai Aims For 2011 Growth

Hyundai Motors, the third largest carmaker in the Czech Republic, will invest EUR130mn (US$183mn) to boost car and gearbox production in the country over the next two years. Hyundai produced 12,050 vehicles in the Republic last year, compared with 603,247 units made by Volkswagen and 324,289 vehicles produced by Toyota-PSA Peugeot Citroen (TPCA)'s joint venture.

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