Car News, Hyundai. The South Korean automaker is planning to invest 12 billion of dollars in the development this year. The production expanding and new developments are in priority. This is the largest investment in the company's history. The purpose of this funding is to increase competitiveness in the scientific research. The company is intending to spend more than 5 trillion of KRW on new developments and about 9 trillion of KRW will enhance the capacity of the enterprise. Read more.