South Korea to help car industry ride out coronavirus

  • South Korea said on Monday it would provide logistical and financial support to help the car industry through the coronavirus crisis, warning of disruptions to supply chains from Europe and the US.
  • The ministry gave no details on how much liquidity support the government would provide or what form it might take.
  • Hyundai Motor closed its Montgomery, Alabama, assembly plant on Wednesday after an employee there tested positive for Covid-19.

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