Hyundai Motor Group, a major player in the global automotive industry, announced plans to increase domestic investment by 19% to a record 24.3tn won ($16.65bn) in South Korea. The investment aims to drive growth amid political turmoil and economic unpredictability, with a significant portion allocated to research and development for next-generation products, electrification, software-defined vehicles, and hydrogen fuel-powered products. The group also plans to enhance its production capabilities for electric vehicles and new models, with a focus on innovative manufacturing techniques like the 'hypercasting' method. Hyundai Motor Group's approach reflects a positive sentiment towards continuous investment to navigate crises and secure future growth engines in the face of uncertainties. Executive Chair Euisun Chung highlighted external risks such as global conflict and recession as challenges to address. The announcement comes as Hyundai and Kia aim to boost global sales, following a dip in 2024 and amidst changing market dynamics. Hyundai Motor has also made strategic moves, including appointing a new co-CEO, Jose Munoz, to steer the company through potential challenges, particularly in the face of evolving trade policies like universal tariffs proposed by President-elect Donald Trump.