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Motor Company Of Botswana
The Motor Company of Botswana (Pty.) Ltd. was joint venture of the Hyundai Motor Company with its local dealership Hyundai Motor Distributors (Pty.) Ltd. The company was founded in 1992 with its headquarters in Gaborone, Botswana. In February 1993 they began the assembly of Hyundai CKD kits until closing in 2001. The company was co-founded by Billy Rautenbach, a wealthy businessman from Zimbabwe that also owned ''Wheels of Africa,'' a large cargo trucking enterprise.Hyundai Gaborone plant for Kimberley
in ''News24'' 8 November 2000.
Hyundai, however, only delivered the CKD kits, from which Hyundai models were made. At times, finished vehicles were imported from

Joint Venture
A joint venture (JV) is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and risks, and shared governance. Companies typically pursue joint ventures for one of four reasons: to access a new market, particularly emerging market; to gain scale efficiencies by combining assets and operations; to share risk for major investments or projects; or to access skills and capabilities.' Most joint ventures are incorporated, although some, as in the oil and gas industry, are "unincorporated" joint ventures that mimic a corporate entity. With individuals, when two or more persons come together to form a temporary partnership for the purpose of carrying out a particular project, such partnership can also be called a joint venture where the parties are "''co-venturers''". A joint venture can take the form of a business. It can also take the form of a project or asset JV, created for the purpose of pursuing one specific project, ...
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Hyundai Motor Company
Hyundai Motor Company, often referred to as Hyundai Motors, ( ) and commonly known as Hyundai (), is a South Korean multinational corporation, multinational Automotive industry, automotive manufacturer headquartered in Seoul, South Korea, which was founded in 1967. Currently, the company owns 33.88 percent of Kia, Kia Corporation, and owns a luxury cars subsidiary, Genesis Motor, Genesis. The three brands altogether make up the Hyundai Motor Group. Hyundai operates the second largest automobile manufacturing facility in the world in Ulsan, South Korea which has an annual production capacity of 1.6 million units. The company employs approximately 75,000 people worldwide. Hyundai vehicles are sold in 193 countries through 5,000 car dealership, dealerships and showrooms. As of November 2024, Hyundai is the world's List of automotive manufacturers by production, third-largest carmaker in terms of production, behind competitors Toyota and Volkswagen Group, Volkswagen. History E ...
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Hyundai Motor Distributors (Pty
Hyundai is a former South Korean industrial conglomerate ("''chaebol''"), which was restructured into the following groups: * Hyundai Group, parts of the former conglomerate which have not been divested ** Hyundai Asan, a real estate construction and civil engineering company * Hyundai Motor Group, the automotive part of the former conglomerate ** Hyundai Motor Company, an automobile manufacturer ** Hyundai Mobis, a car parts company ** Hyundai Motorsport, a racing team ** Hyundai Rotem, a manufacturer of railway vehicles, defense systems, and factory equipment ** Hyundai Engineering and Construction, a construction company * HD Hyundai Group, the heavy industry part of the former conglomerate ** HD Hyundai Heavy Industries, the primary company representing the group ** HD Hyundai Mipo, a shipbuilding company ** HD Hyundai Samho, a shipbuilding company ** HD Hyundai Oilbank, a petroleum refinery company * Hyundai Department Store Group, the retail division of the former conglomerate ...
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Gaborone
Gaborone ( , , ) is the Capital city, capital and List of cities in Botswana, largest city of Botswana, with a population of 246,325 based on the 2022 census, about 10% of the total population of Botswana. Its metropolitan area is home to 534,842 inhabitants at the 2022 census. Gaborone is situated between Kgale Hill and Oodi Hill, near the confluence of the Notwane River and Segoditshane River in the southeastern corner of Botswana, within from the South African border. The city is served by the Sir Seretse Khama International Airport. It is an administrative district in its own right, but is the capital of the surrounding South-East District (Botswana), South-East District. Locals often refer to the city as ''GC or Motse-Mshate''. The city of Gaborone is named after Chief Gaborone of the Tlokwa people, who once controlled land nearby. Because it was not affiliated with any specific indigenous group and was close to fresh water, the city was New town, planned to be the capi ...
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Botswana
Botswana, officially the Republic of Botswana, is a landlocked country in Southern Africa. Botswana is topographically flat, with approximately 70 percent of its territory part of the Kalahari Desert. It is bordered by South Africa to the south and southeast, Namibia to the west and north, Zambia to the north, and Zimbabwe to the northeast. With a population of slightly over 2.4 million people and a comparable land area to France, Botswana is one of the List of countries and dependencies by population density, most sparsely populated countries in the world. It is essentially the nation-state of the Tswana people, who constitute nearly 80 percent of the population. The Tswana ethnic group are descended mainly from Bantu peoples, Bantu-speaking peoples who Bantu expansion, migrated into southern Africa, including modern Botswana, in several waves before AD 600. In 1885, the British Empire, British colonised the area and declared a protectorate named Bechuanaland. As part of the ...
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Knock-down Kit
A knock-down kit (also knockdown kit, knocked-down kit, or simply knockdown or KD) is a collection of parts required to assemble a product. The parts are typically manufactured in one country or region, and then exported to another country or region for final assembly. CBU, on the other hand, stands for "Completely Built Up" and signifies import of a finished product. Definitions A common form of knock-down is a complete knock-down (CKD), which is a kit of entirely unassembled parts of a product. It is also a method of supplying parts to a market, particularly in shipping to foreign nations, and serves as a way of counting or pricing. CKD is a common practice in the automotive industry, automotive, bus, heavy truck, and rail transport, rail vehicle industries, as well as electronics, furniture and other products. Businesses sell knocked-down kits to their foreign affiliates or licensees for various reasons, including the avoidance of import taxes, to receive tax preferences for ...
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Zimbabwe
file:Zimbabwe, relief map.jpg, upright=1.22, Zimbabwe, relief map Zimbabwe, officially the Republic of Zimbabwe, is a landlocked country in Southeast Africa, between the Zambezi and Limpopo Rivers, bordered by South Africa to the south, Botswana to the southwest, Zambia to the north, and Mozambique to the east. The capital and largest city is Harare, and the second largest is Bulawayo. A country of roughly 16.6 million people as per 2024 census, Zimbabwe's largest ethnic group are the Shona people, Shona, who make up 80% of the population, followed by the Northern Ndebele people, Northern Ndebele and other #Demographics, smaller minorities. Zimbabwe has 16 official languages, with English, Shona language, Shona, and Northern Ndebele language, Ndebele the most common. Zimbabwe is a member of the United Nations, the Southern African Development Community, the African Union, and the Common Market for Eastern and Southern Africa. The region was long inhabited by the San people, ...
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Mozambique
Mozambique, officially the Republic of Mozambique, is a country located in Southeast Africa bordered by the Indian Ocean to the east, Tanzania to the north, Malawi and Zambia to the northwest, Zimbabwe to the west, and Eswatini and South Africa to the south and southwest. The sovereign state is separated from the Comoros, Mayotte, and Madagascar by the Mozambique Channel to the east. The capital and largest city is Maputo. Between the 7th and 11th centuries, a series of Swahili port towns developed on that area, which contributed to the development of a distinct Swahili culture and dialect. In the late medieval period, these towns were frequented by traders from Somalia, Ethiopia, Egypt, Arabia, Persia, and India. The voyage of Vasco da Gama in 1498 marked the arrival of the Portuguese Empire, Portuguese, who began a gradual process of colonisation and settlement in 1505. After over four centuries of Portuguese Mozambique, Portuguese rule, Mozambique Mozambican War of Indepen ...
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South Africa
South Africa, officially the Republic of South Africa (RSA), is the Southern Africa, southernmost country in Africa. Its Provinces of South Africa, nine provinces are bounded to the south by of coastline that stretches along the Atlantic Ocean, South Atlantic and Indian Ocean; to the north by the neighbouring countries of Namibia, Botswana, and Zimbabwe; to the east and northeast by Mozambique and Eswatini; and it encloses Lesotho. Covering an area of , the country has Demographics of South Africa, a population of over 64 million people. Pretoria is the administrative capital, while Cape Town, as the seat of Parliament of South Africa, Parliament, is the legislative capital, and Bloemfontein is regarded as the judicial capital. The largest, most populous city is Johannesburg, followed by Cape Town and Durban. Cradle of Humankind, Archaeological findings suggest that various hominid species existed in South Africa about 2.5 million years ago, and modern humans inhabited the ...
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Hyundai Accent
The Hyundai Accent (), or Hyundai Verna (현대 베르나) is a subcompact car produced by Hyundai. In Australia, the first generation models carried over the Hyundai Excel name used by the Accent's predecessor. The Accent was replaced in 2000 by the Hyundai Verna in South Korea, although most international markets, including the US, retained the "Accent" name. The "Accent" name is an acronym of ''Advanced Compact Car of Epoch-making New Technology''. The Accent is produced for the Chinese market by Beijing Hyundai Co., a joint venture with Beijing Automotive Industry Corp. For the Russian market it was assembled by the TagAZ plant in Taganrog until 2011, and since 2011 it was assembled by the HMMR plant in Saint Petersburg and sold under the new name Hyundai Solaris. In Mexico, the Accent was marketed until 2014 by Chrysler as the Dodge Attitude, previously known as the Verna by Dodge. In Venezuela, Chrysler marketed these models as the Dodge Brisa until 2006. The Brisa was ...
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Hyundai Sonata
The Hyundai Sonata () is a mid-size car that has been manufactured by Hyundai since 1985. The first generation Sonata, which was introduced in 1985, was a facelifted version of the Hyundai Stellar with an engine upgrade, and was withdrawn from the market in two years due to poor customer reaction. While the nameplate was originally only sold in South Korea, the second generation of 1988 was widely exported. The Sonata is currently manufactured in South Korea, China, and Pakistan. It was named after the musical term, '' sonata''. __TOC__ First generation (Y1; 1985) The first Sonata was introduced to compete with the Daewoo Royale series and was a more luxurious version of the Stellar. It included cruise control, power seats, head lamp washers, power brakes, electric operated adjustable side mirrors and chrome bumper trims. The Sonata was available with two trim options in Korea: Luxury and Super (the latter only available with a 2.0-liter engine). In the domestic m ...
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Hyundai Elantra
The Hyundai Elantra (), also known as the Hyundai Avante (), is a compact car produced by the South Korean manufacturer Hyundai since 1990. The Elantra was initially marketed as the ''Lantra'' in Australia and some European markets. In Australia, this was due to the similarly named Mitsubishi Magna Elante model; similarly, in other markets, the name Avante is not used due to its similarity with Audi's "Avant" designation, which is used for their line-up of station wagons. The name was standardized as "Elantra" worldwide in 2001 (except in South Korea, Singapore and Russia). __TOC__ First generation (J1; 1990) The Elantra (codename ''J1'') was launched in October 1990, and received a mid-term facelift in 1993. It was sold in Europe from the spring of 1991. It replaced the somewhat larger on the outside Stellar, although that model had not been offered in many markets. The Elantra competed with the likes of the Ford Sierra and Vauxhall Cavalier/Opel Vectra, but at a ...
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