340 500 cars. Last year we
produced the most cars since
2017

Last year, we produced a total of 340,500 cars in Nošovice, which is 18,000 cars more year-on-year. The last time more cars rolled off our production line was in 2017. We thus exceeded our original production plan by 12,000 vehicles.

“The successful production results were helped by the stabilisation of the supply of semiconductors and other parts, strong demand for our cars and higher production efficiency. In the summer, we were able to successfully start mass production of the second-generation KONA Electric, in the development of which our engineers also had a significant input. Our plant’s responsibility for the final preparation of new models will continue to grow,” said HMMC President Changki Lee.

The TUCSON, which is our flagship model and Hyundai’s best-selling model in Europe, accounted for 72% of production last year. Two out of five TUCSONs produced are in hybrid or plug-in hybrid variants. The i30 and KONA Electric both had an identical 13% share, with the sharp sports car i30 N accounting for the remaining 2%. For the i30 range, the Wagon variant had the upper hand over both the short five-door variant and the Fastback in 2023. The renewal of the model portfolio will continue this year, with production of updated versions of the TUCSON and the i30 range starting in April.

To Europe and other parts of the world

Germany, Great Britain, France, Spain and Poland are among the biggest buyers of cars from Nošovice – almost half of last year’s vehicle production went to these countries. The Czech Republic ranks 6th with more than 16,000 cars. In addition to Europe, cars from Nošovice also go in large numbers to the Middle East, Mexico, but also to Morocco, Ecuador and Australia. Exotic destinations with dozens of cars delivered include Brunei, Madagascar, Chile and El Salvador. In total, there were 73 destinations last year.

The three most popular body colours are basic white (Atlas White), pearlescent dark grey (Dark Knight) and metallic dark blue (Dark Teal). Cars with these body colours account for approximately 45% of all Nošovice cars. Several new colours will be added to the portfolio this year. The share of cars with a different roof colour is approximately 4%.

We plan to produce 330 890 cars this year. The share of the KONA Electric is set to rise to more than 17%.

Diesel cars will account for only 7% of production in 2023. The share of manual transmissions in our cars also declined again last year, to 24%. We are responding to this long-term and irreversible trend by ending the production of manual transmissions at the Transmission Shop 1 at the end of February 2024 – just as the former Transmission Shop 2 will be converted into a Mobis facility for the assembly of batteries for electric vehicles. Most employees at the Transmission Shop, across all occupations, will find an alternative position at another HMMC location. In 2023, we produced a total of 186,500 manual transmissions, of which approximately 120,000 went to Kia plant in Slovakia and HAOS in Turkey. This was a year-on-year decline of around 15%.

Wage growth continues

As in previous years, employees can look forward to rising earnings. The average increase in basic wages will be 7.8% from 1 January 2024. The most common position at our plant, Operator 3, will see an increase of CZK 3,000 per month in basic wages alone. Thanks to the increase in basic wages, bonuses and additional payments, which are derived from the basic wage, will also increase proportionally. The expected final increase in earnings will thus be even more significant than the percentage increase in basic wages.

At our company in Nošovice, we offer above-average financial remuneration not only in the Moravian-Silesian region, with average monthly earnings in blue-collar positions reaching CZK 55,497 in 2023. This is an increase of almost 17% year-on-year.