SEOUL -- Hyundai and affiliate Kia said their third-quarter earnings will reflect provisions totaling a combined 2.9 trillion won ($2 billion).
SEOUL -- Hyundai and affiliate Kia said their third-quarter earnings will reflect provisions totaling a combined 2.9 trillion won ($2 billion).
The once-dominant Japanese carmaker is restructuring to address a slump in global sales and profitability in the face of rising competition from China’s fast-growing electric vehicle sector.