GM Plans to Unveil Sports Utility Hybrid in Korea
SHANGHAI -- General Motors' Asia-Pacific president Nick Reilly hinted that China will possibly overtake South Korea in automobile technology, if the latter neglects investment in auto research and development (R&D).
In a news conference here, Reilly said, "Continued investment in research and development is required for Korea to stay ahead of China."
Saying that the automotive technology gap between the two countries is at least six to eight years, he said there was a possibility that the gap could be narrowed soon if Korean carmakers fail to stay alert to China's challenges.
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