Currently, the Management of Hyundai Motor Group is reviewing its North American operations. The company want an
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Question:
Currently, the Management of Hyundai Motor Group is reviewing its North American operations. The company want an outlook on the prospects of moving their operation from Montgomery, Alabama to another site. The company faces an uncertain future with US trade restrictions and tariffs. The CEO needs the recommendation of possible location choices to minimize any financial damage that the company would face if the trade situation worsens in the future. Currently, approximately percent of cars produced in the companys US plants are exported to countries throughout the world except for China. Write a report to recommend possible location changes for the US operations and develop the plan of action for the companys automotive division this includes Hyundai and KIA and list several options at least presented for planning purposes. The report needs to address all the critical issues in the below list.
Relationship with the South Korean Government
Availability of raw materials
Availability of trained labor
The ability of migration for senior and midlevel employees
Proximity to markets
The ability of the suppliers to also locate
Shipping costs of materials
Reliability of shipping
Infrastructure needssituation
Transportation costs of exports
Government subsidies to locate
Related Book For
Financial Reporting Financial Statement Analysis and Valuation a strategic perspective
ISBN: 978-1337614689
9th edition
Authors: James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
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