Exclusive - Hyundai to ship China-made cars to Southeast Asia amid erratic sales recovery
Share:
SEOUL/BEIJING (Reuters) - Hyundai Motor Co plans to ship China-made cars to Southeast Asia, its China joint venture and two people familiar with the matter told Reuters, as a plunge in Chinese sales has left much of its massive local manufacturing capacity idled.Hyundai once ranked third by China sales alongside affiliate Kia Motors Corp . But just as it opened its fifth factory in the country last year, a diplomatic dispute saw Chinese consumers turn against South Korean goods, damaging..