Hyundai Mobis to Invest 450 Bln Won to Build Auto Parts Plant in Mexico

SEOUL, Jan. 16 (Korea Bizwire) – Hyundai Mobis Co., South Korea’s largest auto parts maker and an affiliate of Hyundai Motor Co., said Friday it will invest about 450 billion won (US$417.8 million) to build a core parts producing plant in Mexico. Under a memorandum of understanding signed with the Mexican state government of Nuevo [...]