The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Retail Wholesale And Retail Trade And Repair Of Motor Vehicles And Motorcycles Sale Of Motor Vehicles 45.11 - Sale of cars and light motor vehicles
200 jobs Number of planned job creations
Announcement Date
17 May 2017
Employment effect (start)
18 May 2017
Foreseen end date
31 December 2017
Description
To face its expansion in France, the French subsidiary of the Korean car manufacturer Hyundai, has announced the recruitment of 200 employees, mainly salespeople but also technicians, for its network of outlets in France. Hyundai has increased its sales of 17% in 2016 and of 2.2% in the first four months of 2017. Furthermore, the company expects to sell more cars in 2017 with the arrival of new models (Ioniq plug, I30 SW, Kona) before the end of the year. The group employs 80,000 people worldwide.
Sources
17 May 2017: Decision.atelier.com
18 May 2017: CCFA
Citation
Eurofound (2017), Hyundai Motor France, Business expansion in France, factsheet number 91009, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/91009.
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