Hyundai Motor Urgently Sells China's Factory at Low Price, Pivots From China to Indonesia and India
Hyundai Motor Urgently Sells China's Factory at Low Price, Pivots From China to Indonesia and India
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Amid a sluggish Chinese economy and weak automotive consumption, coupled with intense competition in the Chinese automotive market, many foreign car companies are withdrawing. Hyundai, known as the "Korean Car King" in the Chinese automotive market, has also accelerated its withdrawal from China.
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