Hyundai's third facility
Beijing Hyundai Automobile Co broke ground in Beijing last week on its third factory in China. It is expected to start operation in the second half of 2012.
When all three plants are online, they will have a production capacity of 1 million vehicles and compete with the three largest automakers in China - Shanghai Volkswagen, FAW Volkswagen and Shanghai GM.
Beijing Hyundai has sold 700,000 vehicles to date this year.
