Source AP ©

Hyundai Motor launches new model

Hyundai Motor invested 195.9 billion Korean won (US$213 million; EUR155 million) over almost two years to develop and place the new car on the market, the company said in a statement.

The world's sixth-largest carmaker by sales said it plans to sell 6,000 units of the i30 domestically this year and export 72,000 units, with sales to start in August.

From 2008, Hyundai will 20,000 i30 cars domestically and ship 240,000 overseas, including 100,000 to be sent to Europe, the company said.

"With this new stylish hatchback, we will try to gain a foothold in the European market by attracting young European customers," Hyundai Motor President Choi Jae-kook said in the statement.

Hyundai Motor posted record monthly sales in the U.S. in June, selling 49,368 units, or about 3.4 percent of the world's largest automobile market, said Ki Jin-ho, a company spokesman.

Shares in Hyundai Motor fell 0.5 percent Thursday to 75,100 won.

Russian Foreign Minister Sergei Lavrov said at a briefing in Beijing that the question about the shipment of S-300 anti-aircraft missile systems to Syria had not been resolved yet. However, Syrian Ambassador to Russia Riyad Haddad said that S-300 missile systems had been delivered to Syria last month

Israel can learn many lessons with the help of Russia's S-300 air defence systems in Syria

Representatives of the Israeli Defence Ministry responded to recent reports about the possible delivery of S-300 SAM systems from Russia to Syria. Israeli Defence Minister Avigdor Lieberman said that Israel would destroy those systems

Israel vows to destroy Russia's S-300 in Syria in case of danger
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