2009-03-01 02:48 UPDATE 1-Hyundai Motor Group to invest $6 bln in 2009
February 28, 2009
SEOUL, March 1 – South Korea’s Hyundai Motor Group plans to invest nearly $6 billion this year, similar to 2008, and will focus on developing environment-friendly cars, as the world’s No. 5 carmaker eyes longer-term growth beyond the current crisis. The global auto industry is reeling under an unprecedented demand slump that has sparked production cuts, layoffs and government bailouts.
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2009-03-01 02:48 UPDATE 1-Hyundai Motor Group to invest $6 bln in 2009
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