SOUTH KOREA: Mercedes-Benz to launch joint venture car import operation on 1 January
Dow Jones reports that Mercedes-Benz on Thursday said it would launch its South Korean joint venture on January 1 to boost car sales in the country. Mercedes-Benz will set up the joint venture called Mercedes-Benz Korea Ltd. with Hansung Motor Co. which has been an exclusive distributor of Mercedes-Benz cars in South Korea since 1987.
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