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How Hyundai Motor Group became the world's third-largest automaker - TL;DR CNBC

How Hyundai Motor Group became the world's third-largest automaker

Publishing timestamp: 2024-02-29 11:24:11


Summary

Hyundai Motor Group has transformed from being ridiculed for cheap and low-quality cars to becoming the world's third-largest automaker by volume. They are now nipping at the heels of well-established competitors and winning industry awards. Their success is attributed to a focus on quality, recruiting top talent, and innovation in technology. However, they have faced setbacks such as thefts of vehicles and recalls for fire risks.


Sentiment: MIXED

Tickers: .FKRX300HYUD-GB7203.T-JPTSLA

Keywords: businesshyundai motor cobreaking news: businessbusiness newstoyota motor corpautostesla incunited statestransportation

Source: https://www.cnbc.com/2024/02/29/how-hyundai-motor-group-became-the-worlds-third-largest-automaker.html


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