Tue, 29 Jan 2008
South Korean auto-maker Hyundai Motor Co. plans to invest $40 million in its truck and bus assembly plant in Indonesia, local reports said Friday (25/1/08), Xinhua reported.

The investment will go to local subsidiary PT Korindo Heavy Industry which manufactures bus and truck chassis with a capacity of 10,000 truck chassis and 1,500 bus chassis a year.

Hyundai has sold 1,132 buses since its debut in the Indonesian heavy vehicle market in June 2007.



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