Employees of Hyundai Motor Group attend the company’s new year ceremony in Seoul, South Korea, January 2, 2020. Kim Hong-Ji/Reuters
SEOUL—Hyundai Motor Group will invest 125.2 trillion won ($86.47 billion) in South Korea from 2026 to 2030, the automaker said on Sunday after Seoul finalised a trade deal reducing U.S. tariffs on South Korean autos to 15 percent from 25 percent.
That compares with investments by Hyundai Motor and its group affiliate Kia Corp of 89.1 trillion won from 2021 to 2025, according to the group.
