Hyundai Motor Company ventured to a joint assembly plant in Addis Ababa, Ethiopia. borkenaFebruary 21,2019Hyundai Motor Company inaugurated today its first assembly plant in Addis Ababa today. The car assembly is said to be the first plant in East Africa. Hyundai Ethiopian Assembly plant is a joint venture with Marathon Motor Engineering whose owner is Ethiopia’s legendary long distance runner – Haile Gebreselassie. The plant inaugurated today is said to have the capacity to assemble about 5000 Hyundai cars per year and will assemble eight types of models.

Source: Ethiopian News February 22, 2019 03:00 UTC