S.Korea says allows Hyundai to keep producing SUVs

Newswire

SEOUL, June 24 (Reuters) - South Korea allowed its top automaker Hyundai Motor to continue to produce and export its popular Santa Fe sport utility vehicles despite strengthened emission regulations, the environment ministry said on Monday. Hyundai posted a record first-quarter net profit, with robust sales of its SUVs and luxury models helping to shake off its reputation for building cheap compacts. "We've allowed the vehicles to be produced continuously on condition that its emissions ...

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