Hyundai Inaugurating New Plant in Russia

Hyundai, South Korea's largest automotive producer, has inaugurated the Hyundai Motor Manufacturing Rus (HMMR) plant, located in St Petersburg, Russia. The site is scheduled to debut mass production in January next year and has an annual production target of 105,000 vehicles for the first year. This will be increased to 150,000 units per year in 2012. Hyundai held a special opening ceremony that was attended by the Russian Federation's Prime Minister Vladimir Putin and Hyundai Motor Group ...

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