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23 September 2021 The on-line newspaper devoted to the world of transports 03:58 GMT+2

December 28, 2004

How tsunami has affected some companies in the region

SEOUL: Hyundai Motor Co, South Korea's largest motor vehicle maker, said 1,173 of its vehicles waiting to be shipped from the eastern Indian port of Chennai sank after a tsunami hit the area.

Hyundai Motors said the cars, mostly Accent compact cars and Atoz mini-cars, were bound for export to Mexico and Algeria. They were valued at 6 billion won (US$5.7mil) and were fully insured, Hyundai Motor said in a faxed statement ......
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