Major issues and conclusions
The current uncertainties cause by the coronavirus pandemic has driven automaker shares to historically low valuations. This, in our view, provides investors with a tremendous opportunity to gain when the crisis comes to an end. When uncertainties ease, Hyundai Motor Company's (HYMTF) domestic market share should recover, led by volume/high-margin new models such as the Grandeur F/L, Avante, and Tucson; launch of luxury sedans such as the GV80, G80, and GV70; growth in market share, utilization rates, and the adoption of the integrated platform led by new volume models