Apple Car will not be made by Hyundai, Kia after all
Hyundai Motor and Kia have denied they are in talks with Apple.
This denial comes after a week's time since the company confirmed it first.
Hyundai's statement, however, does not mean the talks cannot reopen.
South Korea’s Hyundai Motor and its affiliate Kia have collectively said they have ended talks with Apple for the autonomous electric car project. This comes a week after the horde of speculations emerged. A Reuters report first suggested Hyundai is holding discussions with Apple for Apple Car, only to be denied later by the company itself, probably under the threat from Apple that likes secrecy of plans. Then, a fresh reporting reasserted Apple and Hyundai are back to it. The latest falling out, however, does not mean the companies might not initiate talks again.