South Korean carmaker Hyundai plans to invest 81 trillion won ($73 billion) over the next four years to boost production overseas and develop next-generation cars.
"It is planned that this large investment will be focused on providing key technologies in ecological cars and vehicles of the next generation", they state from Hyundai and add that a significant part of the money will be spent on new factories in China and Russia, as well as on the construction of the company's new headquarters. , reports the agency France Press.
Hyundai already last week announced the construction of two factories in China, the world's largest car market where the company currently owns three plants.
South Korea's Hyundai, together with its smaller subsidiary Kia, is the fifth largest car manufacturer in the world.
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