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Hyundai sells its plant in Russia

The Russian company Art Finance has completed a deal to acquire all Russian assets of the South Korean car manufacturer Hyundai. Source: Kremlin-aligned Russian news agency Kommersant, citing the press service of AGR Automotive Group Details: The deal included the St Petersburg-based company Hyundai Motor Manufacturing Rus Limited Liability Company. ....

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Hyundai's Russian assets to be acquired by buyer of Volkswagen assets, Art-Finance

Hyundai's Russian assets to be acquired by buyer of Volkswagen assets, Art-Finance
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Car sales rise 5pc m/m, but fall 65pc y/y in November

KARACHI The car sales rose 5 percent in November from a month earlier, but plunged 65 percent from a year ago, as high prices and low affordability weighed on demand for new passenger vehicles, data. ....

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PIF, Pirelli plan US$550 million tyre plant | Asia Asset Management

PIF says the collaboration is another “pivotal milestone” in the move to diversify Saudi Arabia’s economy. ....

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PIF and Hyundai in joint venture to set up car manufacturing plant

The plant, which will be set up in Saudi Arabia, will be 70%-owned by PIF and 30% by Hyundai. ....

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