Hyundai Motor to Cease Operations at Two Parts Forging Plants in Ulsan Next Year

SEOUL, Dec. 21 (Korea Bizwire) – Hyundai Motor Co., South Korea’s leading car maker, has decided to end operations of its parts forging plants in Ulsan, according to industry sources Thursday. The company plans to end operations of two forging plants in Ulsan, about 300 kilometers southeast of Seoul, with one closing in January and [...]