Hawtai Motor Group, which tried and failed to agree a deal with Saab earlier this year, will soon start CKD (completely knocked down) kit assembly in Russia, building the first batch of Hyundai-designed 120 Santa Fe vehicles.
The project is the first overseas CKD project by Hawtai Motor, according to SinoCast. The Chinese automaker has set up a dedicated project team for adaptability R&D, production, quality, and package export. It will soon start work on a second batch of 690 diesel Santa Fe vehicles for shipment to Russia.
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Meanwhile, Chinese compay Fuyao Glass Industry Group reportedly will build an automobile glass plant in Kaluzhskaya Oblast, Russia soon.
The Shanghai-listed glass maker previously signed an agreement with the local government on the construction of the plant, which will attract an investment of US$200m from China.
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