New Importer-Distributor of Hyundai

Hyundai Motor Company and group ROLF established joint venture – Hende Motor CIS.

According to the press-service of Hyundai, the new company is responsible for Hyundai  cars import and distribution in Russia.

Karry Cho is the chairman of the Board of directors of the new company, Roman Khapaev is general director.

It is said that currently the Hyundai dealer network includes 76 centers in 46 cities and towns of Russia. By the end of 2007 the new company plans to have increased the number of centers – for instance in Irkutsk, Vladivostok, Khabarovsk.

According to the company, by the end of the current year it is expected to have sold 55-60 thousand cars in Russia.