Hyundai Rolls Its Own

March 2011
Forbes Asia;Mar2011, Vol. 7 Issue 3, p28
The article reports that Hyundai Motor Co. has decided to follow the path of Ford Motor Co. by manufacturing some automobile parts on its own. It is stated that the Korean carmaker has decided to use Hyundai Steel unit to produce virgin steel for cars rather than buying it from suppliers. Hyundai has already invested 5.5 billion dollars to open two new blast furnaces.


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