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Automotive Industry
Industry: Email Alert RSS FeedHyundai plans to stay No. 1 in Russia; Korean automaker fights Toyota, local difficulties.(News)
Automotive News Europe, November, 2005 by Thorpe, Norman
Byline: Norman Thorpe
Hyundai plans to keep its position as the best-selling foreign brand in Russia, although it faces challenges.
Dealers in Russia have had difficulty getting enough cars this year, partly due to global demand for Hyundai's cars. In addition, a strike at the company's assembly plants in Korea slowed production in late summer. Hyundai repeatedly faces strikes because of conflicts with its workers' union.
Russia is also a vast market to tackle, stretching across 11 time zones, and has many areas with poor roads. And Hyundai's biggest competitor in Russia ...
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