KOREA'S AUTO MAKERS QUICKEN STEPS TO CHINA
AsiaInfo Services, August, 1996
AsiaInfo Services 08-14-1996 Korea's Auto Makers Quicken Steps to China CHINA, August 14, AsiaInfo Services, Inc -- Korea's car corps are quickening their steps to enter Chinese market, reported Seoul's newspapers. Korea's Hyundae Automobile Corp has shipped fittings to Chinese Wantong Automobile Corp in Wuhan, Capital of Hubei Province. Thus, from this August, the annual output of Straw Buses will be increased from 40 thousand to 60 thousand.
It has also plans to quicken the step of establishing joint car factories with Dongfeng Automobile Corp of China. Having established a 2,500-annual-output bus factory in Guilin in Guangxi last April, Korea's Daewoo Automobile Corp is planning to establish two other auto part factories: 1) Yiqi (the First ...
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