S.Korea's Hyundai Motor And Its Affiliates To Jointly Set Up Company In U.S. To Explore Businesses

Hyundai and its two affiliates plan to jointly set up a company in the United States to explore businesses.

By Reuters

Published on July 3, 2022

Highlights

South Korea's Hyundai Motor Co and its two affiliates plan to jointly set up a company in the United States to explore businesses, Hyundai Motor said on Thursday.

In May, Hyundai Motor Group said it plans to invest more than $10 billion in the United States by 2025 to strengthen collaboration with U.S. firms in advanced technology.

Last Updated on July 3, 2022

# Hyundai # Hyundai Motor Co.# Auto Industry

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