Money and business

“General Motors” and “Hyundai” are allied to confront Chinese cars


I declared a company "General Motors" American and"Hyundai" Korean for a plan to develop 5 Cars jointly, in their endeavor to reduce costs amid the increasing competition from Chinese car manufacturers." target ="_Blank"> Electrical completely. The traditional. In 2023, the two companies canceled a $ 5 billion plan to develop Electric cars at reasonable prices, which raised the concerns of the observers about the possibilities of the success of the new coalition with "Hyundai".

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