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Nomura’s Angela Hong: Hyundai and Kia could outperform auto weakness

Nomura’s Angela Hong says Hyundai Motor and Kia could outperform the weak global auto industry. She expects Hyundai sales to improve after its recent wage deal with its union to end labor unrest.

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South Korea's Hyundai Motor and its sibling automaker Kia could outperform the weak global auto industry for the rest of the year, Nomura's Angela Hong says.

The analyst expects Hyundai Motor, which recently reached a wage deal with its union to end labor unrest, to see sales improve and its outper…