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30 Aug
11:31

Hyundai Motor stoppage may support Chinese steel

South Korea’s Hyundai Motor says it has resumed production at its plants in China after a dispute with a supplier forced a stoppage last week. As China’s carmakers fight to grow their share of sales, that benefits local autosheet suppliers, Kallanish notes. Hyundai said plants had suspended operations for a week. The dispute was caused by problems with payments to a supplier of plastic fuel tanks. Hyundai has been struggling with both an unpopular br…
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