ID :
43120
Thu, 01/29/2009 - 17:28
Auther :
Shortlink :
https://oananews.org//node/43120
The shortlink copeid
Hyundai Mobis to spend 200 bln won on research projects in 2009
SEOUL, Jan. 29 (Yonhap) -- Hyundai Mobis Co., South Korea's largest auto-parts
maker, said Thursday it will spend 200 billion won (US$146 million) on research
projects this year.
Most of the planned budget will be spent on developing parts for hybrid vehicles
and so-called "intelligent" cars that can communicate with drivers and mobilize
various 'smart' features, the company said.
Early this month, Hyundai Mobis, an affiliate of Hyundai Motor Co., predicted its
domestic sales to fall 4.2 percent this year to 8.9 trillion won amid sluggish
demand for new vehicles.
(END)
maker, said Thursday it will spend 200 billion won (US$146 million) on research
projects this year.
Most of the planned budget will be spent on developing parts for hybrid vehicles
and so-called "intelligent" cars that can communicate with drivers and mobilize
various 'smart' features, the company said.
Early this month, Hyundai Mobis, an affiliate of Hyundai Motor Co., predicted its
domestic sales to fall 4.2 percent this year to 8.9 trillion won amid sluggish
demand for new vehicles.
(END)
