HYUNDAI TO SPEND MORE FOR FUTURE CAR TECHNOLOGIES

South Korea's biggest auto part maker, Hyundai Mobis Co., will invest 9 trillion won which is approximately equal to $7.8 billion in the next three years. The company's executive stated that the investment will be made for future vehicle technologies.

Ko Young-suk, Hyundai Mobis Vice President, in a group interview briefed about how the company will raise the capital and where it will be invested. The interview was held on th....