SEOUL -- Hyundai Motor Group on Monday announced its first foray into aviation with the launch of a division dedicated to "urban air mobility," an emerging field covering such services as drone deliveries and autonomous air taxis.
The move comes just a week after the South Korean automaker announced a $4 billion autonomous driving joint venture and is part of a broader plan to diversify into more cutting-edge transportation as the traditional auto market faces a global downturn.
