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Hyundai Motor Co. is the world's third-largest carmaker.
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Highlights

TOKYO, JAPAN - DECEMBER 23: Nissan Motor CEO Makoto Uchida (L) and Honda Motor CEO Toshihiro Mibe (R) attend a joint press conference on December 23, 2024, in Tokyo, Japan. Nissan and Honda announced they have begun merger negotiations, aiming to create the world's third-largest automotive group to compete with rival EV manufacturers such as China's BYD and the US-based Tesla. (Photo by Tomohiro Ohsumi/Getty Images)
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Employees wearing masks work on a car assembly line at the SAIC General Motors Co. The SAIC General Motors Wuhan Branch has resumed production following epidemic prevention and control rules. The SAIC General Motors Wuhan Branch temporarily halted production because of the suspension of supply chains as Shanghai locked down. China car sales plunged the most in two years in April as Covid-19 lockdowns in the auto industry hubs of Shanghai and Jilin province smashed production and kept buyers out of showrooms.
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New cars, among them new China-built electric vehicles of the company BYD, are seen parked in the port of Zeebrugge, Belgium, October 24, 2024.
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