- Hyundai Motor Co (OTC:HYMTF) is planning to launch a company along with its two affiliates in the U.S., Reuters reported.
- Through the move, the company plans to strengthen its presence in the U.S. by exploring business opportunities.
- In May, Hyundai said it would invest more than $10 billion in the U.S. by 2025, to strengthen partnerships with firms in the U.S.
- Related: Hyundai Motor To Invest $10B In US By 2025
- The company is already planning to build an Electric Vehicle manufacturing facility in Georgia.
- Price Action: HYMTF shares closed lower by 6.53% at $33.50 on Wednesday.
- Photo Via Wikimedia Commons
Get all your news in one place.
100’s of premium titles.
One app.
Start reading
One app.
Get all your news in one place.
100’s of premium titles. One news app.
Hyundai, Affiliates Plan To Set Up New Company In US: Reuters
Hyundai
United States
HYMTF
Hyundai Motor
Hyundai Motor Co
Wikimedia Commons
electric vehicle
Georgia
Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member?
Sign in here
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member?
Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member?
Sign in here
Our Picks