💰 Exclusive: Hyundai to divest Alabama subsidiary following child labor revelations

TL;DR

24 letter to shareholders from Hyundai Chief Executive Jaehoon Chang, the company said recent audits at 29 of its direct suppliers across Alabama made it confident they are "now in full compliance with underage labor laws. Hyundai's pledge to its shareholders comes after a 2022 Reuters investigation showed several suppliers to the automaker's massive Montgomery, Alabama vehicle plant used underage migrant workers to make parts for its popular U. See here for a complete list of exchanges and delays

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