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 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
- Beiben Officially Rolls Out its First 100 kW Hydrogen Fuel Cell Vehicle 2021-03-05
- Auto China 2020: Beiben, JMC, SAIC and BAIC Confirm to Take Part in the Show 2020-09-24
- 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
- Indonesia’s State-led Firm Set to Purchase 320,000 Vehicles
- SANY Truck and Pony.ai to Mass-Produce Gen-4 Autonomous Trucks in 2026
- FOTON Boosts Local Manufacturing in South Africa
- Office Closure for National Day Holiday
- FORLAND Rolls Out Its 6.8 Millionth Vehicle
- China Heavy Truck Sales Fall to 73,600 Units in February
- China’s Medium-Duty Truck Sales Fall to 8,125 Units in February, 2026
- China’s February Light Truck Sales Fall 23% to 117,200 Units
- China’s Mini Truck Sales Rise 15% in February to 41,500 Units
- China’s Light Truck Market Rises 8% in January 2026 to 323,500 units
- China’s Pickup Sales Reach Five-Year January High as Market Momentum Builds
- Heavy Truck Sales Soar 46% to 105,400 Units in January 2026
- January Medium Truck Sales Hit 14,100, Up 33%
- China’s Truck Exports Top 1 Million Units for the First Time in 2025
- China Tractor Truck Sales Up 54% in Dec., 2025 Full-Year Sales 460,000 Units
