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Published on 17 Jan 2017
Korea's
largest auto giant Hyundai Motor Group will boost investment in the
United States,... pouring in three-point-one billion U.S. dollars over
the next five years.
The move is in line with other major automakers, like Toyota and Ford, pledging to spend more money in the world's biggest economy... as U.S. President-elect Donald Trump ramps up his drive to bring manufacturing back to the United States as his inauguration approaches.
The new investment by Hyundai Motor and its affiliate Kia Motors is around 50 percent more than the two-point-one billion dollars they spent during the previous five-year period.
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