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Tuesday 25 August, 2009

Hyundai Motor Co

Business & Management Plan

RNS Number : 9441X
Hyundai Motor Company
25 August 2009
 



HYUNDAI MOTOR COMPANY (HMC)

Corporate Disclosure to Korea Exchange



Disclosure Date     :  August 25, 2009

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 - Tucson ix

 

2. Project Details and Schedule


(1) Purpose : Development and Sales of New Model


(2) Features : 

    - Mounted with 2.0 R Engine (Diesel Model)

    - Application of Panorama Sun Roof, Emergency Stop Signal,
      Vehicle Dynamic Control
, etc

 

(3) Estimated Investments :

    - Development Cost : Total KRW 280 Billion 

    - Development Period : 3 years

 

(4) Anticipated Effect (Sales Volume Target) 

    - Korea : 16,000 units in 2009 / 40,000 units in 2010

 

3Date of Decision : August 25, 2009

 

4. Others : 

   - The 'Sales Volume Target' in #2-(4) above may be subject to 
     change depending on business and market conditions.

   - The above date of decision in #3 is the date of
     media 
announcement of new car launching.

   - For more information, please refer to the Hyundai Motor 
     Company homepage at 
http://www.hyundai.com 


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