Hyundai Motor may suspend its oldest factory in China

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Hyundai Motor may suspend its oldest factory in China
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Hyundai Motor Co is considering suspending its oldest plant in China, it said on...

FILE PHOTO: Hyundai cars are seen at a plant of Hyundai Motor Co on the outskirts of Beijing, China January 25, 2019. REUTERS/Jason Lee/File Photo

The automaker said about 2,000 employees in China took voluntary retirement or transferred to other factories. For Hyundai, troubles have been exacerbated by a diplomatic row between Seoul and Beijing that had slammed demand for South Korean products in China.

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