Hyundai’s hefty investment supports corporate, and government, targets

Hefty new investment from Hyundai Motor Group will go far in not only supporting the manufacturer's ambitious growth plans but also the priorities of South Korea's government. The conglomerate, which includes Hyundai and Kia Motors, has outlined plans to invest Won 80.7tr (US$73.3bn) through 2018 in facilities and R&D. Broken down, Won 49.1tr of this will go towards capital expenditures and Won 31.6tr towards R&D.