HYMTF - Hyundai Motor Plans To Cut China's JV Plant Selling Cost By 30%: Report | Benzinga
Hyundai Motor Co (OTCPK: HYMTF) cut the minimum asking price for its to-be-divested auto plant in China.
The South Korean automaker has curtailed the price of the plant, located in the southwestern city of Chongqing, by around 30% to 2.58 billion yuan ($353.38 million), as per Reuters.
Hyundai has not given any timeline or buyer details related to the divestiture of the asset, which is ...