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Description: South Korean automakers Hyundai Motor and Kia Motors said Monday they are not in talks with Apple to develop an autonomous vehicle. Hyundai Motor shares fell 6.21% in South Korea on Monday while Kia Motors shares plunged about 15%. Other affiliates including Hyundai Wia, Hyundai Mobis and Hyundai Glovis also fell sharply.

Source: – video report

Date: Feb 08, 2021


Questions for discussion:

  • Why did the share values drop on the news that talks are still at a very early stage?
  • How do you think investors should approach all of the companies involved?

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