FILE PHOTO: Hyundai cars are seen at a plant of Hyundai Motor Co on the outskirts of Beijing, China January 25, 2019. REUTERS/Jason Lee/File Photo
The automaker said about 2,000 employees in China took voluntary retirement or transferred to other factories. For Hyundai, troubles have been exacerbated by a diplomatic row between Seoul and Beijing that had slammed demand for South Korean products in China.
wordsbymt Fyi , just saw this Reuter’s piece on Hyundai. Gives some interesting details on what’s going with Hyundai in China. Nio still cancelling plans for its Shanghai plant.
Brexit?
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