Hyundai is cutting jobs in China after sales slump

South Africa News News

Hyundai is cutting jobs in China after sales slump
South Africa Latest News,South Africa Headlines
  • 📰 TimesLIVE
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 59%

'Hyundai Motor is reviewing various optimization plans to enhance facility efficiency around the Chinese New Year Holidays.'

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

TimesLIVE /  🏆 28. in ZA

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Hyundai posts first net loss in eight years as China sales take a knockHyundai posts first net loss in eight years as China sales take a knockSouth Korea's Hyundai Motor surprised the market on Thursday by posting its first quarterly net loss in at least eight years as its vehicle sales skidded in the key China market. China's sputtering car market adds to the troubles of Hyundai, which has been already grappling with the lack of attractive models and strong brands in its biggest market.
Read more »

Hyundai to cut jobs in Chinese joint-venture in South KoreaHyundai to cut jobs in Chinese joint-venture in South KoreaChina suffered its first sales contraction in over 20 years due to pressure from a China-US trade war and the phasing out of tax cuts on smaller cars
Read more »

Pompeo voices optimism for good outcome on US-China tradePompeo voices optimism for good outcome on US-China tradeThe US Secretary of State says the row could be resolved if Beijing were to accept the principles of fair and open trade and protection of intellectual property.
Read more »

Microsoft's Bing blocked in China: FT reportMicrosoft's Bing blocked in China: FT reportChina Unicom, one of China's major state-owned telecommunication companies, confirmed the government had ordered a block on Bing, the FT said citing a source.
Read more »



Render Time: 2025-02-25 13:24:18