1997 Asian Financial Crisis and Hyundai Motor Corp

Hyundai Motor Company-Beijing Automotive Joint Venture Case Study [pic] Topics in Emerging Markets Prof. Mei April 9, 2003 Michael Cheng- mpc238@stern.nyu.edu Richard Lee- rl392@stern.nyu.edu Kevin Park- kgp203@stern.nyu.edu Table of Contents: Executive Summary: 3 Case Study: Introduction: 4 Case Background: 5 Hyundai Motor Corp Background History: 6 South Korean Macro Study: Economic Background: 7†¦show more content†¦Mr. Park immediately proceeded to call his good colleague, Michael Cheng, who worked for Mckinsey Co. in China. Mr. Cheng had a vast knowledge of the automotive industry in China. He previously worked as a car salesman in China for several years and was very familiar with the country’s imports and exports of automobiles. Before valuating the project, Mr. Park felt like he still needed someone to paint a better picture of China’s demography as well as its political and economic status. Therefore, he called upon his good friend, Mr. J.P. Mei, who works for the government of China. Mr. J.P. Mei was also very familiar with foreign direct investment processes through a large number of projects dealing with global companies. Mr. Park flew all of his buddies in from China, and the group got started on building a recommendation for the Board of Hyundai Motor Company. Mr. Park f elt confident and excited as he embarked on his recommendation for the manufacturing plant in China. But before they crunched any numbers, the group had a couple of major questions they had to consider: How should this project be financed? What is an appropriate cost of capital for the project? How will revenues be projected from year to year? The three colleagues stared at each other for a moment, scratched their heads, and strapped on their thinking caps....Show MoreRelated1997 Asian Financial Crisis and Hyundai Motor Corp7119 Words   |  29 PagesHyundai Motor Company-Beijing Automotive Joint Venture Case Study [pic] Topics in Emerging Markets Prof. Mei April 9, 2003 Michael Cheng- mpc238@stern.nyu.edu Richard Lee- rl392@stern.nyu.edu Kevin Park- kgp203@stern.nyu.edu Table of Contents: Executive Summary: 3 Case Study: Introduction: Read MoreSwot Analysis of Hyundai Motor China12360 Words   |  50 PagesCase: IB-91 Date: 09/24/08 HYUNDAI MOTOR COMPANY IN CHINA At the turn of the twenty-first century, Korea‟s Hyundai Motor Company (HMC) announced ambitious plans to become a global leader in the automotive industry, and established plants in various parts of the world, including Europe, India, and North America. In 2002, HMC turned its attention to China, one of the world‟s largest and fastest-growing economies. 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