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Hyundai's CV Production Plans Face Strong Competition

Hyundai's plans to set up a CV production base in Indonesia will allow it to compete more price competitively in the local market but will face strong competition from the dominance of Japanese automakers. Robust CV demand across the ASEAN region will, therefore, provide a sales outlet from a challenging domestic market for the company's locally produced vehicles.

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Reports

Analysts

Thomas Glendinning

Senior Analyst, Automotives
Autos | London

Anna-Marie Baisden

Head of Autos Research
Autos | London
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