SEOUL May 10 South Korea's Hyundai Motor
is considering building a fourth car plant in China
as it seeks to increase production overseas to counter rising
costs at home, due to a firm local currency and labour issues,
its vice chairman said on Friday.
"We expect our capacity in China to become constrained by
2015 and 2016 ... and are considering the western part of China
for expansion," Hsueh Yung-hsing told reporters.
Hsueh also said construction of a third China auto plant by
Hyundai's sister firm, Kia Motors, would be brought
forward by two months and would be completed in February 2014.
(Reporting by Hyunjoo Jin; Writing by Miyoung Kim; Editing by