Hyundai to double hybrid lineup; announces $3 billion buyback

Hyundai to double hybrid lineup; announces  billion buyback

Hyundai Motor Co. plans to double its lineup of hybrid cars as demand for pure electric vehicles slows, and announced a 4 trillion won ($3 billion) share buyback as part of a plan to boost investor returns. Unveiling a new strategy at its 2024 investor day Wednesday, the world’s third-biggest carmaker said it will increase … Read more