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S. Korea's Hyundai Motor to reshore production of some cars from US to provide local jobs

Hyundai Motor Co. will bring home the production of about 70,000 Sonata and Avante sedans from its factory in the US state of Alabama to its Asan and Ulsan factories.

The reshoring, agreed between the company and the union, is to help maintain work for its South Korean employees.

It is the first time that Hyundai Motor Co. has brought overseas output back home.

However, South Korea's top automaker of South Korea will transfer part of the Tucson SUV production from Ulsan, where the production of the new Genesis GV70 SUVs started late last year, to Alabama.

Hyundai Motor Co. has been in negotiating with Apple Inc. to build an electric vehicle.

However, Apple is also discussing the same projects with other auto manufacturers.

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