Hyundai Motor and Hyundai Resources Inc. submitted an application to the government of the Philippines.
HYUNDAI – With the Philippines’ growing market in terms of automotive, Hyundai Motor and its local dealer submitted an application to build an assembly plant in the country.
Despite poverty issues in the country, the Philippine roads are always loaded with vehicles. In fact, most of these vehicles are expensive ones that bear great features. Another proof of the increased number of land vehicles in the country is the road congestion in the cities.
Toyota, Mitsubishi, Isuzu, and Hyundai were four of the greatest names in the automotive industry in the country. Most four-wheeled cars that ramp the road are produced by these companies.
In a recent news report, the Hyundai Motor desires to put up an assembly plant in Santa Rosa, Laguna.
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