Hyundai Construction Equipment to Sell Industrial Vehicle Division

SEOUL, Oct. 21 (Korea Bizwire) — Hyundai Construction Equipment Co. (HCE) said Thursday it has signed a deal with its holding company Hyundai Genuine Co. to sell its industrial vehicle division for 136 billion won (US$115.8 million). The deal set to go into effect on Jan. 1, 2022, is intended to focus on the construction [...]