Hyundai-Kia in India, China, and Emerging Asia, 1997–2019

This chapter highlights the automotive group’s efforts to produce passenger cars in India, China, and Emerging Asia. It begins by examining the early years of the Hyundai Motor India (HMI) Chennai complex through 2008. This is followed by a section reviewing HMI’s rapid growth between 2009 and 2019. Next, two sections discuss the major events surrounding the group’s Beijing Hyundai Motor Company (BHMC) and Dongfeng Yueda Kia Motor Company (DYK) Yancheng joint venture plants in China between 1997 and 2008, and then between 2009 and 2019. During the latter period, the Korean group enlarged the footprints of these ventures to a combined eight plants with approximately two million in annual capacity. The chapter next briefly looks at Hyundai-Kia’s car plants in emerging Asia. This primarily focuses on the group’s plans to build its first integrated car assembly complex in Southeast Asia, Hyundai Motor Manufacturing Indonesia (HMMI) Cikarang, and to significantly expand its Hyundai Thanh Cong Manufacturing Vietnam’s (HTMV) Gia Vien CKD Plant. The chapter concludes by summarizing the group’s experiences in Emerging Asia and by offering some predictions for its future.