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January 10, 2025

Hyundai Motor Group Unveils Landmark $16.7 Billion Investment Plan

Hyundai Motor Group is set to increase its domestic investment in South Korea by 19%, reaching a historic 24.3 trillion won, or $16.7 billion. This strategic move aims to strengthen the company’s competitiveness amid sluggish consumer sentiment and ongoing U.S. trade uncertainty. Under billionaire Euisun Chung’s leadership, Hyundai’s commitment signals confidence in the market. Investors should monitor how this investment impacts Hyundai’s growth trajectory.

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