SEOUL (Reuters) -South Korea’s Hyundai Motor Group said in a statement on Tuesday it is increasing U.S. investment to $26 billion from a previously planned $21 billion. Hyundai Motor Group added that it will establish a state-of-the-art robotics facility with an annual capacity of 30,000 units in the U.S. (Reporting by Hyunjoo Jin and Heekyong […]
Business
Hyundai Motor Group increases US investment to $26 billion
Audio By Carbonatix
SEOUL (Reuters) -South Korea’s Hyundai Motor Group said in a statement on Tuesday it is increasing U.S. investment to $26 billion from a previously planned $21 billion.
Hyundai Motor Group added that it will establish a state-of-the-art robotics facility with an annual capacity of 30,000 units in the U.S.
(Reporting by Hyunjoo Jin and Heekyong Yang; Writing by Joyce LeeEditing by Ed Davies)