In Europe, the large commercial van segment is a hard knock world.
Competition is higher than ever before.
Hyundai has been with us since 1967 or so, but the South Korean company didn`t open shop with the i30, Sonata or Genesis passenger cars.
The same year Muhammad Ali was stripped of his heavyweight title for refusing to enroll into the army, Hyundai started building its first ever car with Ford`s aid-the Cortina.
Hyundai`s plan is to increase their market share in the commercial vehicle segment worldwide, according to Reuters
They will invest USD 1.8 billion into the venture until 2020, with the Korean automaker expecting the segment to grow by 30 percent annually worldwide over the next five years.
The Commercial Vehicles division of Hyundai Automotive South Africa now assembles and converts the H100 Tipper in Apex, Benoni.
Previously, the tipper was available in restricted numbers, due to the outsourcing of the conversion.