Knowledge (XXG)

Gwangju Global Motors

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is the largest shareholder with an investment of 48.3 billion won (21 percent stake). Hyundai Motor Company, which invested 43.7 billion won, is the second-largest shareholder (19 percent). Of the total project cost of 575.4 billion won, the remaining 60% (345.4 billion won) excluding equity capital
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rolled off of GGM’s production line in September 2021. The plant have the capacity to produce 70,000 vehicles a year. It is the only Hyundai-operated manufacturing plant in South Korea without the presence of workers unions, which enables average annual pay to be less than half than other Hyundai
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city government. Opened in 2021, it is the first new automobile manufacturing plant in South Korea since 1998. The first model produced by the plant, the
195: 327: 1273: 356:['Red light' to raise 350 billion won... Gwangju Global Motors fears that construction will be suspended in the second half of the year]. 516: 24: 1324: 1304: 511: 390: 1266: 1108: 1048: 1221: 521: 486: 147: 96: 1319: 1209: 383: 1173: 1163: 358: 1168: 1088: 1190: 1063: 859: 839: 491: 420: 406: 132: 101: 879: 501: 496: 254: 200: 1098: 506: 54: 1135: 919: 751: 529: 276: 300: 222: 1185: 1073: 1018: 854: 725: 1250: 1140: 1083: 1078: 1058: 1053: 1033: 964: 959: 944: 864: 849: 684: 679: 588: 445: 23: 1130: 1093: 1043: 1028: 993: 949: 939: 889: 814: 804: 776: 659: 634: 613: 583: 462: 305: 227: 353: 277:"Remarks by President Moon Jae-in at Dedication Ceremony of Gwangju Global Motors' Plant" 1038: 954: 934: 929: 924: 904: 899: 894: 746: 730: 689: 669: 644: 618: 573: 160: 140: 1293: 1125: 988: 980: 969: 914: 884: 829: 794: 710: 694: 654: 649: 639: 425: 128: 44: 1120: 1068: 1023: 1013: 909: 874: 844: 819: 809: 799: 715: 674: 664: 593: 578: 470: 869: 834: 824: 756: 720: 608: 603: 598: 332: 76: 435: 1242: 112: 328:"South Korea's first auto plant in 23 years opens as 'half-wage factory'" 375: 136: 72: 1249:
This article about an automotive industry corporation or company is a
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of 230 billion won was drawn up from the financial sector.
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Multinational companies headquartered in South Korea
250:"GGM, Korea's first car plant in decades, completed" 1153: 1107: 1006: 978: 785: 769: 739: 703: 627: 566: 557: 538: 453: 413: 108: 92: 82: 68: 60: 50: 40: 30: 223:"Stranded Gwangju job project distresses Hyundai" 196:"Gwangju project is off to an inauspicious start" 1274: 391: 8: 16: 1315:South Korean companies established in 2019 1281: 1267: 1104: 975: 635:Alcazar/Grand Creta/Creta Grand/Cantus Lux 563: 398: 384: 376: 22: 15: 1300:Automotive companies established in 2019 301:"Moon visits new car factory in Gwangju" 354:"3500억 조달 '빨간불'…광주글로벌모터스, 하반기 공사 중단 우려" 187: 517:Hyundai Motor Manufacturing Indonesia 7: 1239: 1237: 1216: 512:Hyundai Motor Manufacturing Alabama 1253:. You can help Knowledge (XXG) by 14: 1241: 1215: 1204: 1203: 1014:Pony coupe concept by Italdesign 444: 522:Hyundai Motor Manufacturing Rus 487:Hyundai Automotive South Africa 148:Gwangju Metropolitan Government 97:Gwangju Metropolitan Government 17:Gwangju Global Motors Co. Ltd. 1: 121:Gwangju Global Motors Co. Ltd 131:manufacturing plant between 1325:Motor vehicle company stubs 1341: 1305:Companies based in Gwangju 1236: 1049:N 2025 Vision Gran Turismo 1199: 442: 21: 1179:manufacturing facilities 584:Elantra/Avante/i30 Sedan 359:The Korea Economic Daily 281:english1.president.go.kr 362:(in Korean). 2020-04-22 1191:Jeonbuk Hyundai Motors 865:Grand Santa Fe/Maxcruz 800:Atos/Santro/Amica/Atoz 1320:Hyundai Motor Company 970:Xcent/Grand i10 Sedan 492:Hyundai Motor America 479:Gwangju Global Motors 407:Hyundai Motor Company 133:Hyundai Motor Company 102:Hyundai Motor Company 1186:Blue Link Telematics 579:Aura/Grand i10 Sedan 502:Hyundai Motor Europe 497:Hyundai Motor Brasil 255:Korea JoongAng Daily 201:Korea JoongAng Daily 88:Park Gwang-tae (CEO) 1114:(California studio) 507:Hyundai Motor India 18: 530:Hyundai Motorsport 204:. 26 December 2019 1262: 1261: 1231: 1230: 1149: 1148: 1059:HDC-2 Grandmaster 1002: 1001: 765: 764: 550: 526: 483: 475: 467: 118: 117: 1332: 1283: 1276: 1269: 1245: 1238: 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1082: 1080: 1077: 1075: 1072: 1070: 1067: 1065: 1064:45 EV Concept 1062: 1060: 1057: 1055: 1052: 1050: 1047: 1045: 1042: 1040: 1037: 1035: 1032: 1030: 1027: 1025: 1022: 1020: 1017: 1015: 1012: 1011: 1009: 1005: 995: 992: 990: 987: 986: 984: 982: 981:Genesis Motor 977: 971: 968: 966: 963: 961: 960:Veracruz/ix55 958: 956: 953: 951: 950:Tiburon/Coupe 948: 946: 943: 941: 938: 936: 933: 931: 928: 926: 923: 921: 918: 916: 913: 911: 908: 906: 903: 901: 898: 896: 895:Lavita/Matrix 893: 891: 888: 886: 883: 881: 878: 876: 873: 871: 868: 866: 863: 861: 858: 856: 853: 851: 848: 846: 843: 841: 840:Genesis Coupe 838: 836: 833: 831: 828: 826: 823: 821: 818: 816: 813: 811: 808: 806: 803: 801: 798: 796: 793: 792: 790: 784: 778: 775: 774: 772: 770:Future models 768: 758: 755: 753: 750: 748: 745: 744: 742: 740:Pickup trucks 738: 732: 729: 727: 724: 722: 719: 717: 714: 712: 709: 708: 706: 704:Minivans/vans 702: 696: 693: 691: 688: 686: 683: 681: 678: 676: 673: 671: 668: 666: 663: 661: 658: 656: 653: 651: 648: 646: 645:Casper/Inster 643: 641: 638: 636: 633: 632: 630: 626: 620: 617: 615: 612: 610: 607: 605: 602: 600: 599:i10/Grand i10 597: 595: 592: 590: 587: 585: 582: 580: 577: 575: 572: 571: 569: 565: 562: 556: 547: 544: 543: 541: 537: 531: 528: 523: 520: 518: 515: 513: 510: 508: 505: 503: 500: 498: 495: 493: 490: 488: 485: 480: 477: 472: 469: 464: 461: 460: 458: 456:and divisions 452: 447: 437: 434: 432: 429: 427: 424: 422: 419: 418: 416: 412: 408: 401: 396: 394: 389: 387: 382: 381: 378: 361: 360: 355: 349: 346: 335: 334: 329: 323: 320: 308: 307: 302: 296: 293: 282: 278: 272: 269: 257: 256: 251: 245: 242: 230: 229: 224: 218: 215: 203: 202: 197: 191: 188: 182: 175: 172: 171: 167: 162: 159: 158: 154: 152: 149: 145: 142: 138: 134: 130: 129:joint venture 126: 122: 114: 111: 107: 103: 98: 95: 91: 87: 81: 78: 74: 71: 67: 63: 59: 56: 53: 49: 46: 45:Joint venture 43: 39: 35: 29: 25: 20: 1255:expanding it 1248: 1233: 1220: 1208: 1131:14 (Genesis) 1110: 1007:Concept cars 786:Discontinued 747:Porter/H-100 711:Custo/Custin 650:Creta/Cantus 574:Accent/Verna 478: 471:Bering Truck 454:Subsidiaries 364:. 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Retrieved 199: 190: 146: 124: 120: 119: 69:Headquarters 41:Company type 1099:N Vision 74 1084:Galloper EV 1079:Grandeur EV 925:Santro/Atos 915:Reina/Verna 855:Grace/H-100 716:H350/Solati 333:Nikkei Asia 177:(in Korean) 77:South Korea 32:Native name 1294:Categories 1126:11 (Nuvis) 935:Starex/H-1 845:Getz/Click 752:Santa Cruz 665:Kona/Kauai 539:Affiliates 366:2021-07-17 339:2022-01-20 313:2021-07-17 286:2021-07-17 262:2021-07-17 235:2021-07-17 208:2021-07-17 183:References 84:Key people 55:Automotive 1019:Blue-Will 820:Entourage 726:Stargazer 525:(defunct) 474:(defunct) 436:Hyundai N 1210:Category 1164:vehicles 1054:Prophecy 965:Veloster 945:Terracan 850:Galloper 835:Ford 20M 685:Santa Fe 680:Palisade 549:(33.88%) 144:plants. 135:and the 51:Industry 36:광주글로벌모터스 1222:Commons 1169:engines 1069:Pony EV 1044:Intrado 994:Genesis 940:Stellar 920:Santamo 890:Lafesta 860:Granada 815:Dynasty 810:Cortina 805:Celesta 777:Ioniq 9 660:Ioniq 5 614:Ioniq 6 558:Current 426:Genesis 421:Hyundai 414:Marques 137:Gwangju 109:Website 73:Gwangju 61:Founded 1154:Others 1039:i-oniq 955:Trajet 930:Scoupe 905:Mistra 900:Libero 788:models 731:Staria 690:Tucson 670:Mufasa 619:Sonata 560:models 1160:List 1034:HND-3 989:Equus 885:Ioniq 830:Excel 795:Aslan 695:Venue 655:Exter 640:Bayon 482:(19%) 466:(50%) 431:Ioniq 127:is a 125:(GGM) 104:(19%) 99:(21%) 93:Owner 1251:stub 1109:HCD- 1024:Clix 910:Pony 880:ix35 875:ix20 675:Nexo 594:HB20 567:Cars 64:2019 870:i40 825:Eon 757:ST1 721:ST1 609:i30 604:i20 1296:: 1111:xx 330:. 303:. 279:. 252:. 225:. 198:. 123:. 75:, 1282:e 1275:t 1268:v 1257:. 1121:6 399:e 392:t 385:v 369:. 342:. 316:. 289:. 265:. 238:. 211:.

Index


Joint venture
Automotive
Gwangju
South Korea
Gwangju Metropolitan Government
Hyundai Motor Company
www.ggmotors.com
joint venture
Hyundai Motor Company
Gwangju
Hyundai Casper
Gwangju Metropolitan Government
Hyundai Casper
Official website
"Gwangju project is off to an inauspicious start"
Korea JoongAng Daily
"Stranded Gwangju job project distresses Hyundai"
The Korea Times
"GGM, Korea's first car plant in decades, completed"
Korea JoongAng Daily
"Remarks by President Moon Jae-in at Dedication Ceremony of Gwangju Global Motors' Plant"
"Moon visits new car factory in Gwangju"
The Korea Times
"South Korea's first auto plant in 23 years opens as 'half-wage factory'"
Nikkei Asia
"3500억 조달 '빨간불'…광주글로벌모터스, 하반기 공사 중단 우려"
The Korea Economic Daily
v
t

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