On June 24, a delegation from Hyundai Motor Company will visit OJSC "Lutsk Automobile Plant". Representatives of the South Korean company plan to inspect the Lutsk enterprise as a possible site for the production of Hyundai passenger cars in Ukraine. After negotiations at LuAZ, the Korean delegation will take part in the ceremony of laying the first brick in the construction of a Hyundai sales and service center in Kyiv. \nLuAZ is part of the industrial and investment holding "Bohdan" and currently produces VAZ-2104, VAZ-2106, VAZ-2107, VAZ-21074, VAZ-21213 ("Niva") and UAZ vehicles. In addition, it is engaged in converting IZH trucks into passenger-and-cargo vehicles. \nThanks to the rhythmic and well-organized work of the workforce, LuAZ continues to retain the trust of strategic investors, production partners and suppliers. In the 5 months of 2004, the production volume of OJSC "Lutsk Automobile Plant" amounted to UAH 165.9 million. The production growth rate compared to the corresponding period last year was 325%. \nIn the first quarter of 2004, LuAZ assembled the first batch (55 units) of Hyundai HD-65 trucks from vehicle kits supplied by Hyundai Motor Company. It is planned that this summer the plant will begin serial production of these trucks. \nThis year, LuAZ plans to increase the output of various models to 30,000 units, which is almost 2.5 times higher than the 2003 level.