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home / articles / HYMTF - Hyundai Motor Advances EV Focus With Closure Of Two South Korean Plants: Report | Benzinga

HYMTF - Hyundai Motor Advances EV Focus With Closure Of Two South Korean Plants: Report | Benzinga

Hyundai Motor Co. Ltd. Shs Global Deposit Receipts Repr 1/2 Non-Vtg Sh Reg -S

Korean automaker Hyundai Motor Company (OTC: HYMTF) reportedly plans to cease operations at two parts forging plants in Ulsan, South Korea, by next year, marking a move in its strategy to transition from petrol-powered vehicles.

These plants, established in 1991 and focused on producing engine parts, are scheduled to close in January and October, respectively, reported Reuters.

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Full story available on Benzinga.com
Stock Information
Company Name: Hyundai Motor Co. Ltd. Shs Global Deposit Receipts Repr 1/2 Non-Vtg Sh Reg -S
Stock Symbol: HYMTF
Market: OTC
Website: hyundai.com
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