Korea Micro Filter co., a maker of auto parts, also cut the number of South Korean managers on-site, said Song Ki-suk, the company's chief executive.

Halfords Group Plc climbed 3.6 percent to 424.5 pence as Morgan Stanley lifted its recommendation on the U.K.’s biggest retailer of car parts and bicycle to “overweight” from “equal weight.”

He supports the idea of co-operating to develop some components the customers don't see, such as hydrogen compressors, valves and humidifiers, that don't effect performance or driving characteristics.