Hyundai reveals task force, production shifts to tackle US tariffs
On Thursday, Hyundai Motors created a task force to combat President Trump’s tariffs, shifting production of its most popular model to the US to avoid heavy import taxes. The South Korean automaker said some of its Tuxon production will move from Mexico to its Alabama plant, and is considering whether to shift production of some […]
Hyundai Motor Company CEO talks automaker’s $21 billion US investment
Jose Munoz, president and CEO of Hyundai Motor Company, is dealing with the expected automotive industry tariffs on the “Craman Countdown.” Josemónhos, CEO of Hyundai Motor Company, appeared on “Craman Countdown” on Wednesday to talk about Hyundai Motor Group's newly announced large investment in the US His appearance at the show came on the same […]
Trump, Hyundai Announce Company Is Investing $21 Billion in U.S.
President Donald Trump and Hyundai Motor Group executive Eushun Chong announced Monday that the company will invest $21 billion in the US over the next four years. The announcement came at a press conference in the Roosevelt Room. There, Trump and Chong were accompanied by top Louisiana leaders. These include Gov. Jeff Landry, House Speaker […]
Trump touts major Hyundai investment in US, including Louisiana steel plant
South Korean automaker Hyundai announced Monday that it will invest $20 billion in the US, including a new steel plant in Louisiana. President Trump promoted the news at the White House, celebrating the November election victory and the aggressive use of tariffs to target imports. “This investment is a clear demonstration that tariffs work very […]
Hyundai to invest billions to bring manufacturing operations to US
The “Big Money Show” panel discusses President Donald Trump's plan to bring manufacturing back to America. Hyundai plans to invest $20 billion to bring manufacturing operations to the US. Part of the investment from South Korean automakers will be directed towards the construction of next-generation steel factories. The material is used in two plants in […]
Hyundai plans fresh $20 billion investment in US, including new Louisiana steel plant, as tariff threats loom
Hyundai plans to make a fresh $2 billion investment in the US, including a new Louisiana steel factory, becoming the latest major foreign company and moving more operations into the US to avoid looming tariffs. The South Korean automaker is planning to build a $5.8 billion factory near Donaldsonville, with the new facility being set […]
Hyundai, Kia Plan to Boost American Auto Production to Avoid Trump Tariffs
Hyundai Motor Company and KIA aim to boost American car production in order to avoid the 25% automobile fare planned by President Donald Trump. Tuesday's Trump I said The tariff rate for automobile imports is “nearly 25%”, with details written in early April. He pointed out that he gives the car manufacturer time to avoid […]
Texas man uses 3-month-old baby to wipe snow off Hyundai in TikTok video
According to reports, Texas men may suffer from criminal accusations after wiping snow from the car, using a baby in a real life like Ragdor, wiping the snow. The survey was held after the shocking clip became brighter. According to what is conveyed, in just three months, both hands are two -way to wipe the […]
Musk-Trump relationship not a 'concern': Hyundai CEO
Hyundai CEO Jose Muñoz said he is not concerned about President-elect Trump's relationship with Tesla CEO Elon Musk. Rather, Muñoz said in an interview with Bloomberg that he believes a closer relationship between the two countries could be beneficial, especially for the U.S. auto industry as it seeks to compete with China and the burgeoning […]
Hyundai, Kia recall over 200K electric cars over power issues
Hyundai Motor Co. and Kia Motors Corp. announced this week that they are recalling more than 200,000 electric vehicles due to a loss of drive power, which increases the risk of crashes, according to the National Highway Traffic Safety Administration (NHTSA). Hyundai's recall includes more than 145,000 vehicles, including select IONIQ 5 and IONIQ 6 […]