Hyundai Motor, Kia say they are not in talks with Apple on autonomous car development
[1/2] The Hyundai booth displays the company logo at the North American International Auto Show in Detroit, Michigan, U.S. January 16, 2018. REUTERS/Jonathan Ernst/File Photo/File Photo
SEOUL, Feb 8 (Reuters) - South Korea's Hyundai Motor Co (005380.KS) and Kia Corp (000270.KS) said on Monday they are not in talks with Apple Inc (AAPL.O) on developing autonomous vehicles.
Shares of Hyundai and Kia dropped as much as 8.4% and 13.3% respectively.
Reporting by Heekyong Yang and Joyce Lee; Editing by Himani Sarkar
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