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South Korea: Hyundai to raise R&D spend 53% in 2010

Hyundai Motor Group, which encompasses Hyundai Motor and Kia Motors, says it will invest Won 10.5tr (US$9.35bn) in 2010, compared with Won 9.4tr last year, an increase of 11.7%. This will represent the group’s highest ever expenditure and will be aimed at developing eco-friendly models and boosting global sales volume It’s time to log in … Continued

Hyundai Motor Group, which encompasses Hyundai Motor and Kia Motors, says it will invest Won 10.5tr (US$9.35bn) in 2010, compared with Won 9.4tr last year, an increase of 11.7%. This will represent the group’s highest ever expenditure and will be aimed at developing eco-friendly models and boosting global sales volume

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