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Frost & Sullivan

Hyundai Motor Group (HMG), which is comprised of twin brands Hyundai and Kia, has announced that it is strengthening its CV business with a regional focus for product development, a global design center, and a production hub in South Korea.

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Medium-, Heavy-Duty Truck Sales to Increase in 2014

The improved economic environment in developing and developed economies is restoring business confidence and pushing up the global sales volumes of medium- and heavy-duty trucks, will sales expected to increase to 2.87 million units by the end of 2014.