Hyundai opens its fourth plant in China and launches a China only model - the Hyundai Verna Yuena

Hyundai Motor Company has opened its fourth manufacturing plant in China in the city of Cangzhou in north eastern China. The new plant, Beijing Hyundai Motor Company Cangzhou Branch, has an annual capacity of 300,000 units. Hyundai Motor Company aims to seize the initiative in China with its ‘New Plant, New Model and New Strategy’ approach.