Hyundai Motor Co is planning to build the new version of its Accent small car at a Mexican plant owned by sister company Kia Motors next year, two people familiar with the matter said, shifting some output of the low-margin vehicle out of high-cost South Korea.
The Accent would be the first Hyundai car to be made in Mexico, giving the automaker access to the country's cheap labor that along with its proximity to the North American and South American markets has attracted so many of its rivals.
"As labor costs in Mexico are just one fifth . . .
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