SEOUL, April 28 (Reuters) - Hyundai Motor Group plans to invest a total of 11 trillion won ($11.05 billion) this year, up 7 percent from 2007, Chung Mong-koo, chairman of the top South Korean auto maker, said on Monday. "The combined amount will be used partly to build a steel mill in Tangjin, south of Seoul, and will also be invested in the automobile industry," a statement quoted Chung as saying in a meeting with group companies, presided by South Korean President Lee Myung-bak. Two ...
Premium Content (PAID Subscription Required)
"Hyundai chief says to lift '08 investment by 7 pct" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: email@example.com or phone: (248) 799-2642