Reuters reported that South Korea's top auto maker Hyundai Motor Co had agreed to supply parts for buses to Xiamen Golden Dragon Bus Co Ltd a China's bus maker.
According the report, the deal comes as Hyundai is in talks with Guangzhou Automobile Group Co to set up a commercial vehicle joint venture in the world's second-largest car market.
Hyundai in a statement said that the world's No 5 auto maker along with its affiliate Kia Motors Corp, would sell parts for about 17,100 buses to Xiamen Golden Dragon Bus for five years from this month.
