Sister South Korean automakers Hyundai Motor Co. and Kia Motors Corp. will invest $3.1 billion in the U.S. in the next five years and may build a new assembly plant in the U.S., Hyundai Motor's president told reporters on Tuesday.
GM Invests $1B in U.S. Manufacturing
General Motors is investing $1 billion in its U.S. manufacturing operations and will move production of axles for its pickup trucks from Mexico, the company announced on the eve of President-elect Donald Trump's inauguration.