- Hyundai Motor Co. (OTCPK:HYMLF) said it's not in talks with Apple (NASDAQ:AAPL) to develop an autonomous electric car after reports last week that an agreement was close, according to multiple media outlets.
- South Korean auto maker Hyundai said in a regulatory filing that it wanted to clarify "rumors" about working with Apple and said that it's not "conducting consultations with Apple" on the development of an autonomous vehicles, MarketWatch reported, citing a translation of the filing.
- Hyundai said its various discussions about self-driving electric cars are in early stages, with no decisions made at this point.
- Recall Feb. 4, Apple analysts praise 'most significant investment' as Hyundai-Kia Car reports grow.
- Recall Jan. 7, Apple and Hyundai in talks over electric vehicle partnership.