Wednesday, July 20, 2016

China Hyundai dealers seek up to $135 mln in compensation, claim automaker reduced supply

BEIJING, July 20 (Reuters) - A group of 30 Hyundai Motor Co

dealers in China plans to seek 800 million-900

million yuan ($120 million-135 million) in compensation from the

South Korean automaker, the group's leader said, claiming

Hyundai cut the flow of models exported to China, resulting in

dealership losses and closures.

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