Hyundai & Kia Say Deal Is Off For Apple Car
Korean carmaker Hyundai Motor Co, is no longer in talks with Apple Inc on autonomous electric cars after a month of speculations, Reuters reported.
This causes Hyundai's shares dived by 6 percent, taking US$3 billion away from its market value. At the same time, its affiliate Kia's shares also took a 15 percent dropped, which translate to US$5.5 billion. When the news of the possible tie-up first reported, Kia's shares surged by 61 percent.
However, that doesn't mean that discussions won't resume later. Rumours are speculating that this is a stock manipulation.
Reuters also reported that Apple and Hyundai first started talks over a car partnership back in 2018, but the progress was hampered by the South Korean carmaer's reticence on working with outsiders.
Well, all we can do now is to wait and see, who will Apple talk to or to team up with to produce its very first Apple Car.
JPJ Running Numbers
KUALA LUMPUR
VRT9073
SELANGOR
BSU4086
JOHOR
JF6941J
PULAU PINANG
PSG4245
PERAK
APM2413
PAHANG
CFJ1132
KEDAH
KGJ4650
NEGERI SEMBILAN
NEM2780
KOTA KINABALU
SJU5480
KUCHING
QAB7531P
Last updated 14 Oct, 2026
Fuel Price
Petrol
RON 95
RM 3.97
+1.38
RON 97
RM 4.90
+1.75
RON 100
RM 7.20
+2.20
VPR
RM 8.23
+2.00
Diesel
EURO 5 B10
RM 5.12
+2.08
EURO 5 B7
RM 5.32
+2.08
Last updated 30 Apr, 2026
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