SEOUL -- Hyundai Motor said on Monday that it is not in talks with Apple to develop self-driving cars, denying early reports that the South Korean automaker was close to completing a joint production deal with the U.S. tech company.
Shares drop sharply as investor hopes evaporate

Shares of South Korean automaker Hyundai and its affiliate Kia were down sharply in Monday after the two said they are not talking with Apple about making autonomous vehicles. (Source phots by AP)
SEOUL -- Hyundai Motor said on Monday that it is not in talks with Apple to develop self-driving cars, denying early reports that the South Korean automaker was close to completing a joint production deal with the U.S. tech company.