Hyundai Motor Brasil Is Thebrazilian Subsidiary Of Hyundai Motor Companyestablished In 2012It Operates A Manufacturing Facility In Piracicabasa O Paulowhich Is Thefirst Wholly Owned Plant Of Hyundai In Latin Americathefacility Spans 1 9 Million Squaremeters And Has An Annual Production Capacity Of 180 000 Vehicles Theplant Features Full Cyclemanufacturing Capabilitiesincluding Press Shopsbody Assemblypaintingand Logisticssinceits Inceptionhyundai Motor Brasil Has Produced Over 1 75 Million Vehicleswith A Significant Portion Sold Domesticallythecompany Has Successfully Localized Productionparticularly With Models Likethehb20 Series And Thecretawhich Cater Specifically To Thebrazilian Markethyundai Has Madesignificant Strides In Theautomotivemarketmoving From Ninth To Fifth Placein Brazil By 2014Driven By Its Localized Production Strategy
