Shares of Hyundai Motor and affiliate Kia Corp, which are expected to source steel from the proposed factory, rallied. Hyundai Motor shares ended up 3.3% after rising as much as 7.5% to their ...
Hyundai Motor shut down a factory in South Korea on Friday after a worker tested positive for the new coronavirus, disrupting production of popular models such as Palisade sport utility vehicle.
The new facility is currently assembling the Ioniq 5, while the Ioniq 9 will be joined by Kia and Genesis models ...
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