SOUTH KOREA: Provision for EC recycling laws will hit Hyundai bottom line - report
Providing for for toughened European Union environmental rules is expected to dent Hyundai Motor's profits, analysts have told Reuters. Reuters said that Hyundai is setting aside cash to comply with an EU regulation that took effect this year, requiring vehicle makers to cover the cost of stripping toxic parts from old vehicles and recycling most of the waste.
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