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Hyundai Motor Co.

's limited global production capacity is capping the company's growth, a top executive says.

The company is squeezing nearly every unit possible from its assembly plants, said Lee In-cheol, Hyundai's vice president of international sales.

"Without building a new factory, it is very, very difficult to supply more," he said. With existing plants, Hyundai can boost global output only 5 percent over current levels, Lee reckons.

But that's not a problem. In fact, Hyundai doesn't want to boost production -- at least not now, and not for developed markets such as North America.

 


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Hyundai's Growth Limited By Suppliers And Assembly Plant Capacity

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