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Hyundai, Kia say Apple car deal now off, see $8.5 billion wiped off market value

Hyundai, Kia say Apple car deal now off, see $8.5 billion wiped off market value

3 years ago
Anonymous $K6XgmDN5_o

https://www.reuters.com/article/us-autos-tech-apple-hyundai-motor/hyundai-kia-say-apple-car-deal-now-off-see-8-5-billion-wiped-off-market-value-idUSKBN2A800T

South Korea's Hyundai Motor Co said on Monday it is not now in talks with Apple Inc on autonomous electric cars, just a month after it confirmed early-stage talks with the tech giant, sending the automaker's shares skidding.

Hyundai, Kia say Apple car deal now off, see $8.5 billion wiped off market value

Feb 8, 2021, 8:14am UTC
https://www.reuters.com/article/us-autos-tech-apple-hyundai-motor/hyundai-kia-say-apple-car-deal-now-off-see-8-5-billion-wiped-off-market-value-idUSKBN2A800T >South Korea's Hyundai Motor Co said on Monday it is not now in talks with Apple Inc on autonomous electric cars, just a month after it confirmed early-stage talks with the tech giant, sending the automaker's shares skidding.