Hyundai has signed an agreement to form a Won 500bn (US$445m) joint venture with Chinese vehicle manufacturer Ziyang Nanjun Automobile to build CVs. Both partners will have a 50% share in this venture. Citing an e-mailed statement, Bloomberg said the venture will take over Ziyang's CV operation. This marks Hyundai's fourth Subscribe to Automotive World … Continued
Hyundai has signed an agreement to form a Won 500bn (US$445m) joint venture with Chinese vehicle manufacturer Ziyang Nanjun Automobile to build CVs. Both partners will have a 50% share in this venture.
Citing an e-mailed statement, Bloomberg said the venture will take over Ziyang's CV operation. This marks Hyundai's fourth
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https://www.automotiveworld.com/articles/84352-china-hyundai-signs-cv-jv-agreement-with-local-oem/
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