South Korea’s Hyundai faces big headwinds from weaker yen

SEOUL – South Korean automakers face a major headwind from a weakening Japanese yen, which will boost rivals like Toyota Motor Corp. (7203.T) next year, a Hyundai Motor (005380.KS) think tank said. The fall in the yen will intensify competition in major markets, such as China and the US, where overall demand is expected to […]

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