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Hyundai Motor to invest US$3b in US

2017-01-18

South Korea’s largest automaker Hyundai Motor Group on Jan. 17 said it will invest US$3.1 billion in the US over the next five-year period, joining global auto giants that have announced large investment plans in view of incoming President Donald Trump’s protectionism policy.

The automaker is also considering building a new US factory, which may produce sport utility vehicles or luxury Genesis vehicles in the country. 


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