Which Country Produces Beijing Hyundai?
1 Answers
Beijing Hyundai is a Sino-Korean joint venture automobile company headquartered in Beijing. Here are the relevant details: 1. Beijing Hyundai is a Korean brand: Although Beijing Hyundai is a Korean brand, the Hyundai vehicles sold domestically are all manufactured in China. The initial investment in Beijing Hyundai Automobile Co., Ltd. is equally shared by both Chinese and Korean parties at 50% each, with a cooperation period of 30 years. 2. Beijing Hyundai is a manufacturer: Beijing Hyundai is a Sino-Korean joint venture automobile manufacturer. The Chinese parent company is BAIC Group. Beijing Benz, Beijing Hyundai, and Beijing Foton all operate under the leadership of BAIC Group, collectively known as the three major sectors of Beijing's automotive industry.