- The Washington Times - Thursday, February 3, 2005

Spare Parts

NEW COMPETITION: Hyundai Corp. is now capturing a significant number of

sales to give the Big Three grave concern. With stiff competition from

Toyota Motor Corp., Honda Motor Co. and Nissan Motor Co., the new

redesigned Sonata is another area of concern. Hyundai will start

producing the Sonata at its first American plant, recently completed in

Montgomery, Ala. Hyundai’s advantage, at least at the outset, is a low

cost structure. The new plant is heavily automated, and its 2,000

employees are not unionized.

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