[The Chosun Ilbo, August 20 2007] Rotem to Supply Electric Trains to Sao Paolo

Hyundai Motor’s rolling stock partner Rotem on Sunday said it formed a consortium with Siemens to provide 84 automatic electric trains at US$160 million in concert with Sao Paulo’s no.4 subway line private investor ViaQuatro. With the deal, Rotem takes the largest share of Brazil’s electric train market.