Hyundai to sell commercial trucks in United States

| 12/4/2001

Hyundai Motor Company (HMC) has announced plans to distribute its commercial trucks in the United States. The South Korean automaker plans to expand its commercial product line by 2004 using powertrains developed by a commercial engine joint venture with DaimlerChrysler AG, HMC said in a released statement.

The first products to be offered will include a range of light and medium Class 4 and Class 6 trucks through a dealer network that will be supported by a directly affiliated company, to be announced in early 2002. The company says it will support the products with parts, service and warranties.

Bering Truck Corp. will reportedly have the opportunity to become Hyundai commercial vehicle dealers. The Front Royal, VA-based company previously built commercial vehicles from Hyundai components and sold them through its dealership network under the Bering Truck name.

HMC claims the company was unable to meet its warranty, parts and other obligations to its dealers and customers and closed its doors last June. Since that time, HMC has provided interim parts and warranty support to Bering Truck dealers and customers.