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New Generation. Launched in 2019, the Hyundai Venue will debut its second generation in 2025. The updated model, seen in full camouflage, offers only a few glimpses of its design. The current engine lineup—1.0 Turbo Petrol, 1.2 NA Petrol, and 1.5 Diesel—is expected to carry over to the new version. The launch in India is expected by late 2025.
Hyundai planned to transform its Chongqing Plant 5 in China into an electric vehicle plant in a bid to reinvigorate its slumping Chinese business, as the plant suffered a low operation rate as it was completed when China’s retaliation against South Korea peaked in 2017. [49] However, the company ended up putting the plant on sale as of August ...
Chung said Hyundai intended to build a new electric vehicle assembly and battery factory that would create at least 2,000 jobs and draw an investment of at least $1.5 billion. ... North Carolina ...
Hyundai incorporated a new manufacturing facility, Hyundai Motor Manufacturing Alabama, in April 2002. The new plant in Montgomery, Alabama, was completed during 2004, at a cost of $1.7 billion. Production started in May 2005. It employed more than 3,000 workers in 2012. [3]
It is a modified version of the SA platform, and Hyundai claimed the K1 platform is 63 percent more rigid than its predecessor. Two wheelbase variations are available, which are 2,400 mm (94.5 inches) and 2,450 mm (96.5 inches).
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In October of that year, the i30 N Fastback was also unveiled at the Paris Motor Show, [9] which is a five-door coupe version of the i30 N. After the 2019 WRC season where Hyundai Motorsport won the manufacturer's title, a new division, "N Performance Parts", was launched. [10]
Hyundai unveiled the sixth generation Grandeur on October 27, 2016. The sixth generation model was not sold in North America due to slow sales of the preceding version; other than Hyundai's new luxury division Genesis Motors, the Sonata became the largest and most expensive sedan marketed by Hyundai in the US.
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