[Updated] Hyundai in talks to resolve China crisis


On Friday, Hyundai and Kia said they "accept the administrative order," adding: "There have been no reported injuries or accidents from the cited issues."

UPDATE: Hyundai Motor Co said on Wednesday it had resumed production in China after operations at its four Chinese factories were suspended last week due to supply disruption, a Reuters report reveals.This comes after the South Korean automaker said in a filing with the stock exchange that it was in talks with a parts supplier to resolve the issue.

 

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