Automakers

Hyundai Europe CEO says automaker will not take a 'knee-jerk reaction' to Tesla

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Hyundai EVs such as the Ioniq 5 compete with Tesla cars in Europe.
R
By:
Reuters
May 17, 2023 09:47 AM

MUNICH -- Hyundai Motor's European chief Michael Cole said the automaker was not making a direct change to its pricing in response to Tesla's price cuts, adding consumers needed reassurance that prices would not go up and down.

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