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Hyundai and Kia confirm 'Apple Car' talks have ended

South Korean car maker Hyundai and affiliate Kia have declared they are no longer in negotiations with Apple to manufacture the rumored Apple Car.Following a flurry of reports about Apple’s talks with Hyundai and Kia about the ‘Apple Car,’ Hyundai has publicly admitted it’s no longer in discussions with the iPhone maker about the project.In a regulatory filing, Hyundai and Kia said the two firms had received requests from multiple outfits about self-driving electric car development, but no decision had been made as the talks were at the early stages. Bloomberg reports Hyundai’s shares dropped 8.4% after the filing, and Kia fell 14%. Read more…
Source: Apple Insider News and Secrets on New Apple Products

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