Automakers

Hyundai sees sales returning to pre-COVID levels as chip supply improves

The Ioniq 6 concept previews a midsize electric sedan that will be launched in South Korea in the first half. (Wolfgang Rattay/REUTERS)
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By:
Bloomberg
January 25, 2022 07:32 AM

SEOUL -- Hyundai Motor is hopeful that the semiconductor shortage afflicting the global auto industry will ease next quarter and that its sales will return to pre-pandemic levels this year, according to the company’s executive vice president, Gang Hyun Seo.

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