Celebrities Feedback Rating Russian
Search

Most popular
Pochepa Oksana (Shark)Pochepa Oksana (Shark)
Volkov Boris IvanovichVolkov Boris Ivanovich
Bernardo Bertolucci (Bernardo Bertolucci)Bernardo Bertolucci (Bernardo Bertolucci)
more persons......
News
Movies
Russia Is Great
Free mp3 download
Count of persons: 23165





All persons
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Hyundai to build auto factory in Russia


Hyundai Motor Co. said Monday it plans to build a factory in Russia, though key details including the location of the plant and size of the investment remain undecided.

Hyundai Motor Chairman Chung Mong-koo disclosed the plan in a meeting with Russian government officials in Moscow on Friday, Hyundai spokesman Ki Jin-ho said.

Chung said the factory would have an annual capacity of 100,000 vehicles, according to Ki. Where the factory was to be built and how much it would cost were to be determined later, he said.

Demand for autos is growing fast in Russia and Hyundai needs to respond, Ki said.

Hyundai currently has factories in China, India, Turkey and the United States, with another under construction in the Czech Republic.

The automaker, the world`s sixth largest, produces vehicles in cooperation with a Russian partner by exporting kits for local assembly.

Ki said Hyundai is the biggest seller of foreign vehicles in Russia. In October, Hyundai sold 16,489 vehicles, an increase of 92 percent from the same period last year.

The automaker sold 100,685 vehicles in Russia last year, with about half the total consisting of vehicles assembled in the country.

Hyundai had said last month that it was considering a factory in Russia.

More Celebrities

Celebrities news archive
18.09.2017
Links by theme::
Ivan III of Russia Great

Hyundai to build auto factory in Russia -  Знаменитости Hyundai to build auto factory in Russia шоу бизнес последние эротические фотографии  эротика лучшие
RIN.ru - Russian Information Network
Useful links:
   
   
   
Copyright © RIN 2002 - * Feedback