THAILAND: Hyundai Elantra production starts mid-2001
UAS director and general manager Vunchai Jungsanguanpornsuk, says that the company is currently preparing to assemble the Elantra from completely knocked-down (CKD) kits.
Alongside the assembly of the Santa Fe model in 2002, UAS is also considering the possibility of building the Trajet minivan.
UAS - which hopes to capture five percent of the 1,600-1,800 cc car market with the Elantra - is funding the project with Hyundai providing technical support.
UAS hopes to use Thai components, including tyres, batteries and interior parts, although local content regulations have been scrapped.
The new-generation Accent model may also be introduced, depending on forthcoming
city car regulations.