|Bid||173,000.00 x 0|
|Ask||173,100.00 x 0|
|Day's range||171,500.00 - 173,800.00|
|52-week range||150,500.00 - 203,500.00|
|Beta (5Y monthly)||1.04|
|PE ratio (TTM)||N/A|
|Forward dividend & yield||7,000.00 (4.11%)|
|Ex-dividend date||28 Dec 2022|
|1y target est||N/A|
NEW YORK (Reuters) -Hyundai Motor Co said it is in talks with the U.S. Department of Labor to resolve concerns about child workers in its U.S. supply chain, and the company is taking corrective actions after a Reuters investigation found children as young as 12 working in hazard-laden Alabama factories linked to the automotive giant. In a statement late Tuesday, Hyundai told Reuters it has held a series of discussions with the Labor Department, which has been investigating a Hyundai subsidiary in Alabama and other parts suppliers to the automaker, and its sister brand Kia Corp, for potential child labor violations.
Hyundai Motor Co said on Thursday it expects to have solid backorder demand in major car markets and forecast robust growth in electric vehicle sales, including in the United States where regulatory concerns have clouded its outlook. The South Korean maker of the Ioniq 5 model is targeting an ambitious 54% jump in EV sales in 2023 to 330,000 globally and said it wants its U.S. electric car sales to climb 150% to 73,000 to account for 9% of its U.S. vehicle sales. The plans were outlined at its fourth-quarter earnings briefing where the automaker reported a tripling of net profit, albeit one that fell short of expectations.
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