|
 SEOUL, South Korea (AP) - Hyundai Motor Co., the world's sixth-largest automaker, said Tuesday it plans to export vehicle parts and components to be assembled at a locally owned plant in Brazil.
Hyundai will cooperate with Sao Paulo-based Caoa Montadora SA, which distributes Hyundai vehicles as well those of Ford Motor Co. in the South American country, said Hyundai spokesman Jake Jang.
Caoa Montadora, based in Sao Paulo, will import parts and components for assembly on what is known as a complete knockdown, or CKD, basis, Jang said.
|
|