South Korea's Hyundai Motor unveils plan to invest $52 billion over six years

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South Korea's Hyundai Motor unveils plan to invest $52 billion over six years
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Hyundai Motor says to invest $52 billion over six years

FILE PHOTO: The logo of Hyundai Motors is seen at the company's headquarters in Seoul, South Korea, March 22, 2019. REUTERS/Kim Hong-Ji

The South Korean carmaker unveiled a “Strategy 2025” roadmap that envisaged annual average spending of 10 trillion won, higher than previous years, and up from a 2018 figure of 6.1 trillion won.

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