Hyundai Motor shares continued to slide on Friday as the group battled with its China joint venture partner over supplier strategy, and following a drop in sales in its most important market.
The shares were down 1.5 per cent at Won136,000 in the afternoon, and had earlier fallen as much as 3.6 per cent.
The South Korean carmaker said on Friday that its joint-venture plant in Cangzhou, Hebei province, resumed operations on Thursday afternoon. This came two days after a German supplier refused to provide parts because of non-payment — the company’s second such incident in recent weeks.
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