Hyundai Seeks to Add Mexico Factory as Local Auto Sales Increase

Hyundai Motor Co. will seek to build a factory in Mexico once the company’s domestic auto sales rise, joining affiliate Kia Motors Corp. in Latin America’s top vehicle-producing market.

“Hyundai wants to turn Mexico into a very important base for its global production,” Pedro Albarran, managing director for Hyundai Motor de Mexico, said Tuesday in an interview in his Mexico City office. “I’m sure that over the years we’ll see production of Hyundai products in Mexico.”