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April 14, 2010

RUSSIA: Hyundai JV truck and bus plant opens

Hyundai Motor and Russian company Kuzbass Avto have opened a RUB420m joint venture plant to assemble Hyundai buses and trucks in Russia’s Kemerovo region.

Hyundai Motor and Russian company Kuzbass Avto have opened a RUB420m joint venture plant to assemble Hyundai buses and trucks in Russia’s Kemerovo region.

The plant can build up to 2,000 buses and up to 2,000 trucks a year, ITAR-TASS reported on Wednesday.

Initially, Hyundai will provide the components for the plant to assemble. From 2015, some regional companies are expected to begin supplies.

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