Welcome to The Grid, R&T’s quick roundup of the auto industry and motorsports news you should know this morning.
Hyundai and Kia Won’t Build the Apple Car
Last month, Hyundai confirmed it was in talks with Apple to build a car for the tech giant before quickly walking that confirmation back. Talks between the two companies continued, however, and it looked like Hyundai was set to build the Apple Car at a Kia factory in the U.S. But now, the deal is off. Reuters reports that following much debate within Hyundai, the company announced today that it’s “not having talks with Apple on developing autonomous vehicles.”
Hyundai is reluctant to work with outsiders, and some executives were worried about the negative effects of becoming simply a contract manufacturer for Apple. “We are not a company which manufactures cars for others,” an anonymous Hyundai executive told Reuters last month. Since making