HMMI meaning in General ?

General Miscellaneous in General 11 months ago

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What is Hyundai Motor Manufacturing Indonesia mean?

PT Hyundai Motor Manufacturing Indonesia (HMMI) is an automobile manufacturing plant in Cikarang, Bekasi Regency, Indonesia. The plant and a separate sales company, PT Hyundai Motors Indonesia (HMID) are wholly owned subsidiary of the Hyundai Motor Company. It replaced the role of PT Hyundai Indonesia Motor, a locally-owned company which held rights to assemble Hyundai cars in Indonesia since 1996, while HMID replaced the role of PT Hyundai Mobil Indonesia (HMI), the locally-owned distributor of Hyundai cars in Indonesia from 1999 to 2021.

The plant is built in a 77.6 ha land in Cikarang and will fully operate in the second half of 2021 with the annual capacity of 150,000. Half of the output will be exported to the neighbouring countries in Southeast Asia. A total of US$1.55 million (Rp 21.7 trillion) would be invested to the plant along with the future product developments until 2030. HMMI would produce a compact MPV among other models.

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Posted on 25 Nov 2024, this text provides information on General related to Miscellaneous in General. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.

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