Home / Asia Pacific / China Hyundai dealers seek up to US$135 million in compensation, claim automaker reduced supply

China Hyundai dealers seek up to US$135 million in compensation, claim automaker reduced supply

A group of 30 Hyundai Motor Co dealers in China plans to seek 800 million-900 million yuan (US$120 million-135 million) in compensation from the South Korean automaker, the group’s leader said, claiming Hyundai cut the flow of models exported to China, resulting in dealership losses and closures.
Source: Asia Pacific

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