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| Company type | Subsidiary |
|---|---|
| Industry | Automotive |
| Founded | 2012  |
| Headquarters | Piracicaba,São Paulo |
| Parent | Hyundai Motor Company |
| Website | www |
Hyundai Motor Brasil is theBrazilian subsidiary of theHyundai Motor Company. Located inPiracicaba,São Paulo, HMB is the first Hyundai Motor plant in Latin America. With an investment of around R$1.2 billion, the plant has the capacity to produce 180,000 cars per year under three shifts.[1] Hyundai Motor Brasil was complete in November 2012 with an investment of 7 million dollars. Over a total area of 1,390,000 m2, complete vehicle production facilities for press, car body, outfitting, painting, parts/logistics warehouses, vehicle shipping areas, and other ancillary facilities were built with a total floor space of about 69,000m².[2]
Hyundai Brasil launched theHyundai HB20, which started the new line of automobiles called HB, which means "Hyundai Brasil".[1] On September 25, 2022, the cumulative sales volume of Hyundai Motor plant reached 1,758,810 units. Sales in Brazil are 1,719,868 units, with exports of 38,942 units.
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See also:Hyundai Commercial Vehicles | |||||||||
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