Hyundai Motor Co. Ltd. is nearing a deal to produce and sell cars in Taiwan through a new partner, reports from the Asian automotive press say. Hyundai is poised to sign a memorandum of understanding with Sanyang Industry Co. Ltd., which recently ended a 40-year relationship with Honda Motor Co. Ltd. and actively has been seeking a new tie-up. Hyundai in the past has worked with Chin Chung Motor Co. Ltd., which builds some Hyundai cars and light commercial vehicles locally for the auto ...

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