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| August 4 |
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Hyundai Motor Co. to Supply VIP Buses to Kremlin |
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(Seoul, Korea) Hyundai Motor Co. has won an order to supply 50 AeroExpress HSX buses to the Administration of the President of the Russian Federation.
The Hyundai bus fleet will be in the public spotlight serving as the official shuttle transporting VIPs between the airport and the Presidential Guest House. The Hyundai buses will also be used by officials of the President's administration, parliamentary staff, the Ministries of Internal Affairs and Foreign Affairs as well as by the Russian Security Service for commuting between offices and residences. In addition, the buses will see service at state functions including state visits and the annual meetings in Moscow of the presidents of the Commonwealth of Independent States. |
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"This will really help raise Hyundai's
profile in the Russian market," said
Choi Johng-Sik, executive vice
president of the Commercial Vehicle Sales
Division. "We're both pleased and proud
because we managed
to clinch this order against a field of very
tough European manufacturers. This speaks
volumes about
the competitiveness of the Hyundai product
and paves the way for greater penetration
of the Russian
market," added EVP Choi.
"The Office of the President sets the
tone for the entire administration so this
sale will undoubtedly open the door to more
contracts with other ministries and state
organizations," said Valentin Gretchman,
President of Hyundai Com Trans, the official
distributor for Hyundai commercial vehicles
in the Russian Federation.
The order will be filled in three installments
with the first delivery set for October. Hyundai
AeroExpress HSX buses are equipped with the
D6AC diesel engine delivering 340hp. A number
of the units will be built to VIP customized
specifications which include 25 plus one limousine
bus-style seating with leather faced seats,
twin doors, a public address system including
an LCD TV and VCR.
Hyundai Motor Co.'s Commercial Vehicle Division
enjoyed a banner year in 2003 as it posted
sales of
xxxxx units of which xxxx units were exported.
Established in 1967, Hyundai Motor Co. has
grown into the Hyundai Automotive Group which
includes Kia Motors Corp. and over two dozen
auto-related subsidiaries and affiliates.
Employing
nearly 50,000 people worldwide, Hyundai Motor
posted US$21.94 billion in sales in 2002.
Hyundai motor vehicles are sold in 166 countries
through 4,504 dealerships and showrooms.
Further information about Hyundai Motor Co.
and its products is available on the Internet
at http://www.hyundai-motor.com |
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