Hyundai to Create New American Affiliate After US$10.5 bln Investment Pledge

SEOUL, June 30 (Korea Bizwire) — Hyundai Motor Group said Thursday it is setting up a new investment affiliate in the United States, in a follow-up to its pledge to invest US$10.5 billion in the world’s largest economy. The new affiliate, tentatively named HMG Global, will be established in Delaware and funded by Hyundai’s three [...]