The automotive trade continues to be a hotbed of patent innovation. South Korea’s Hyundai Motor will launch its stand alone premium Genesis auto brand in China inside two to 3 years, betting on a luxury lane to profit as competitors bites at the decrease end of the world’s biggest auto market. Volkswagen AG has constructed a company devoted to mobility service as part of its aim to stay aggressive as it has been, stated a senior government of the German automotive big on Sept 29, the eve of the Paris auto show. South Korea’s Hyundai Motor Co said two new factories in China will produce extra environmentally pleasant automobiles and models concentrating on the world’s largest auto market.

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