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Hyundai Motor says it is in early talks with Apple

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The logo of Hyundai is shown at the #WeAreMobility fair at the 97th edition of the Brussels Motor Show on 18 January 2019, in Brussels.

Dirk Waem | AFP via Getty Images

SINGAPORE — Shares of Hyundai Motor surged 20% after the South Korean automaker said it was in early stage talks with Apple over the possibility of working together to develop a self-driving car.

“We understand that Apple is in discussion with a variety of global automakers, including Hyundai Motor. As the discussion is at its early stage, nothing has been decided,” a representative from Hyundai Motor told CNBC’s Chery Kang.

The statement followed a local report from the Korea Economic Daily that said Apple suggested the…



Source cnbc.com

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