Hyundai Motor in commercial vehicle deal with Turkey's Karsan

Newswire

SEOUL, June 28 (Reuters) - Hyundai Motor said on Tuesday it had agreed to jointly produce commercial vehicles in Turkey with the country's light commercial vehicle maker Karsan , without providing further details. The agreement comes after Hyundai signed a $557 million joint venture deal with Chinese commercial vehicle maker Sichuan Nanjun Automobile Group in April as part of a move to raise its commercial vehicle sales in China to 160,000 units by 2015, more than double the 2011 target of ...

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