South Korea's Hyundai Rotem signed a 720-million-euro ($856 million) deal with Iran on Saturday to manufacture 450 railbuses for suburban trains, Iranian state media reported.
The deal was signed in Tehran between Hyundai Rotem, a unit of Hyundai Motors, and Railways of Islamic Republic of Iran at a ceremony attended by Iranian Transport Minister Abbas Akhoundi.
The deal, financed byRead more
Mohamed Yousuf Naghi Motors — the official distributor of Hyundai Motors in the western region of Saudi Arabia — has introduced new finance offers with extremely low monthly instalments on its entire 2017 model lineup.
In order to make it easy for their customers to own the latest models, the company is offering a “No Down Payment” and “No AdministrationRead more