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.
Get full access to all content, just $1 for 30 days
A Message From The Editor
just-auto gives its paid members access to the very best automotive market coverage.
And now there’s just-auto plus, our premium membership that gives you exclusive component forecast data, company profiles and extended news coverage - just for premium members.
Today I can offer you 30 days access for $1 - and that includes just-auto plus.
Dave Leggett, editor of just-auto
* plus VAT if applicable