Trading company LG International Corp. on Tuesday started selling Italian Iveco trucks and tractors in South Korea, having signed a contract with the Fiat affiliate, Dow Jones reported.
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The report said LG aims to sell over 2,000 commercial vehicles, boosting Iveco’s market share to 10% over the next five years, and expects the company’s sales to reach 250 billion won by the end of 2008.
LG is also considering importing Iveco’s buses to expand its vehicle business, Dow Jones added.
