Hyundai to raise Russia kit exports by 60 pct in '08


SEOUL, Aug 19 (Reuters) - Hyundai Motor Co. , South Korea's top automaker, said on Sunday it plans to raise vehicle kit exports to Russia by 60 percent next year in a bid to expand its market presence in the fast rising car market. Kim Dong-jin, Hyundai's vice chairman and CEO, said Hyundai would sell car parts, including knock-down kit forms, for 80,000 vehicles in 2008 to TAGAZ, which assembles Hyundai's passenger cars, compared to 50,000 units this year. "We see Russia, an emerging ...

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