Korean automakers’ recovery hinges on retail sales; the robotics trade hinges on mass production
JPMorgan believes operating pressure on Hyundai Motor and Kia is nearing its lowest point, with a return to normal production and rising volumes of new models expected to support sequential improvement. Investors remain divided over the timing of a fourth-quarter recovery and whether the ramp-up of robotics production capacity can meet expectations.
J.P. Morgan ·