You are here

S Korea's Hyundai says it faces headwinds in 2018 on weaker yen


SOUTH Korean carmakers face a major headwind from a weakening Japanese yen, which will boost rivals such as Toyota Motor Corp next year, a Hyundai Motor think tank said.

The fall in the yen will intensify competition in major markets, such as China and the United States,...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to