Hyundai Motor Seeks to Up Stake in Turkey Plant

SEOUL, Dec. 18 (Korea Bizwire) — Hyundai Motor Co. said Friday it seeks to raise its stake in its plant in Turkey by acquiring a 27 percent stake held by Kibar Holding in preparation for the post-coronavirus recovery. Early this month, Hyundai Motor submitted documents to the Turkish authorities to buy most of Kibar’s stake [...]