Monday, January 2, 2012

Hyundai and Kia to Invest US$12.two Billion in 2012, Aim for 7 Million Sales

Hyundai Motor Group, the owner of both the Hyundai and Kia brands and the fifth largest automaker in the globe, announced that it will invest US$ 12.two billion this year in investigation and development (R&D) as nicely as on improving its facilities.
The South Korean group announced last October that their target for 2012 was 7 million units, up from six.5 million in 2011. Despite the economic crisis, each brands have performed excellently. They also estimate that their growth could

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