CHINA TOPIX

05/15/2024 01:13:08 am

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Hyundai dealers

South Korean Exports Take Sharpest Plunge In Six Years In August

Hyundai Dealers in China Seek up to $135M as Compensation

A group of 30 Hyundai Motor Co dealers in China is seeking between 800 million ($120 million) and 900 million ($135 million) worth of compensation from the South Korean auto manufacturer for dealership losses and closures they blame on its manufacturing policy.

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