ANN/THE KOREA HERALD – A meeting between Hyundai Motor Group head Chung Euisun and Brazilian President Luiz Inacio Lula da Silva at the presidential office in Brazil on Thursday resulted in Hyundai declaring a USD1.1 billion investment to Brazil. Chung hopes that the investment will be used towards developing future technology as well as working […]
Hyundai Motor Group has vowed to invest $1.1 billion in Brazil as Chung Euisun, the head of the South Korean auto conglomerate, and Brazilian President Luiz Inacio Lula da Silva met at the latter’s presidential office in the capital city of Brasilia on Thursday, officials announced Friday. Chung said Hyundai Motor Company’s Brazilian office and its local partners will plow the investment into future techn.
Hyundai Motor will invest $1.1 billion (1.46 trillion won) in Brazil by 2023, focusing on the advancement of eco-friendly future mobility and relevant technological development, the automaker said Friday.
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Hyundai Motor Group Executive Chair Chung Euisun (right) and Japan’s nine-time PGA Tour winner Hideki Matsuyama hold the trophy celebrating the player’s victory at the 2024 Genesis Invitational of the US PGA Tour held last week at California's Riviera Country Club. In its eighth year as the event's title sponsor, the carmaker's Genesis brand provided a fleet of 220 vehicles during the four-.