Hyundai, Kia Deny Rumors That They're In Talks To Make Apple Cars

Investors who were hoping for a deal in the near future are pretty unhappy.
Posted at 6:54 PM, Feb 08, 2021

Investors reacted poorly to Hyundai and Kia this morning after the South Korean automakers said they were not talking with Apple to develop a car.

Many investors had believed the two companies were nearing a deal after weeks of speculation and local news reports. Apple has not commented.