SEOUL – Hyundai Motor Co. Ltd. says its wholly owned subsidiary, Hyundai Motor India Ltd., is exporting its first shipment of cars to Colombia. The shipment of 650 Santro models is enroute. This is a significant event that kicks off Hyundai India’s ambitious plan to increase world export sales from 8,245 vehicles in 2002 to more than 25,000 units in 2003 (see related story: Hyundai India Sets Sites on Capturing Every Segment it Enters). Details of the export targets for ...
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