Heavy-duty trucks to be made through South Korea
(chinatrucks.com, Dec.21, 2009)Hyundai Motors of South Korea has agreed to a joint venture with the Chinese Baotou Bei Ben Heavy-Duty Truck company.
As part of the deal, Hyundai will have to agree to a US$400-million joint venture in China next year.
Hyundai agreed to a 50:50 stake to take over the Chinese firm's large truck manufacturing sector to increase production from the current 40,000 units a year to 100,000 units a year by 2014.
The South Korean company said the deal would help it move into the world's largest and fastest-growing market for commercial vehicles and establish its reputation as the most comprehensive vehicle manufacturer in the world's largest auto market.
Views:0
Submit Your Requirements, We Are Always At Your Service.
- Beiben Secures Order for 300 Electric Trucks in Cross-Border Logistics Project 2026-06-23
- Beiben Trucks Expands Global Partnerships at Macau Infrastructure Forum 2026-06-22
- Beiben Trucks Make Fifth Appearance at National Military Parade 2025-09-03
- Beiben Trucks Unveils New Energy Trucks at 5th China-Mongolia Expo 2025-08-26
- Beiben Trucks Signs Deals During Inner Mongolia Delegation Visit to Africa 2025-07-25
- Beiben Trucks Sign Strategic Deal with Huawei Cloud Computing 2024-06-12
- 50 Cases of Beiben KD Parts Sent to Russia by China-Europe Railway Express Train 2024-02-23
- CATL-Beiben Agree to Continue Working to Deepen Cooperation 2021-10-28
- Beiben Exhibited Full Electric Tractor Head at China Manufacturing Expo 2021-10-25
- Beiben Exports AMT-equipped Dump Trucks to Zambia 2021-09-13
- Visiting Invitation: See What's New from Renault Trucks at IAA 2026
- China's Heavy Truck Exports Surge in June as Leading Brands Win Major Orders
- JAC Becomes Official Vehicle Partner of Ghana Football Association
- Xuzhou Launches International Communication Center to Boost Global Outreach
- FOTON, COSCO Shipping Launch Joint Venture to Strengthen Global Supply Chain
- Foton, COSCO Shipping Move to Secure Capacity as China’s CV Exports Rise
- The 11th DISCOVERY TRUST Awards Successfully Held in Beijing, China
- Chinese Heavy Truck Makers Shift to Value-Driven Global Expansion
- Shandong Heavy Industry and Kazakhstan’s Karaganda Region Ink New Deal
- China’s Diesel Trucks are Shifting to Electric
- China's New Energy Tractor Truck Sales Rise 97% to 25,000 Units in June
- China's Pickup Truck Sales Continue to Decline in May
- China's Tractor Truck Sales Up 27% in May
- China's Medium-Duty Truck Market Surges 74% in May
- China's Mini Truck Sales Drop 18% YoY in May
- China's Heavy Truck Sales Rise 23% in May
- China's Light Truck Market Grows 7% to 172,000 Units in May
- China’s Pickup Truck Market Posts Steady Sales Growth in April
- China Light Truck Sales Down 2% to 178,100 Units in April 2026
- China Heavy-Duty Truck Sales Hit 117,000 Units in April, Up 33% YoY
