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Hyundai launches tariffs task force

Hyundai launches tariffs task force, shifts production of popular SUV to US to avoid hefty import taxes

The automaker said it has moved some manufacturing of Tucson crossovers to the US from Mexico, and is weighing whether to shift some South Korean vehicle production over, as well.

Reuters on MSN · 17h

Hyundai Motor launches tariff task force, shifts some production to the US

Hyundai Motor said on Thursday it has launched a task force to respond to U.S. tariffs, adding that production of some Tucson crossovers has now been shifted from Mexico to the United States. It is also considering whether to move production of some U.

The Manila Times · 8h

Hyundai launches task force vs US tariffs

Hyundai Motor said on Thursday it has launched a task force to respond to US tariffs and reaffirmed its annual earnings target after reporting a 2-percent rise in first-quarter operating profit.

2don MSN

Hyundai Steel's $6 billion US investment draws investor ire, tests Seoul's tariff strategy

By Heekyong Yang and Hyunjoo Jin SEOUL (Reuters) -In late March, as investors kept hammering Hyundai Steel shares after the ...

Nikkei Asia16h

Hyundai piles up car inventory in US ahead of Trump tariff

SEOUL -- Hyundai Motor revealed on Thursday that it has more than three months of inventory in the U.S., as the South Korean automaker shipped them before U.S. President Donald Trump imposed a 25% ...

Xinhuanet14h

S. Korea's Hyundai Motor logs single-digit growth in Q1 profit

SEOUL, April 24 (Xinhua) -- South Korea's biggest carmaker Hyundai Motor logged a single-digit growth in its first-quarter profit thanks to solid sales of eco-friendly vehicles and favorable currency ...

7hon MSN

Hyundai Motor books 2% rise in Q1 operating profit

Hyundai Motor reported a 2 per cent rise in first-quarter operating profit on Thursday as it benefited from a weaker South ...

Euractiv14h

Seoul comes looking for Europe’s rearmament cash

Seoul’s defence ambitions are massive: to become the world’s fourth-largest arms exporter by 2027. The position is currently ...

Yonhap News Agency21h

(LEAD) HD Hyundai Infracore Q1 net falls 40.9 pct amid slowdown

SEOUL, April 24 (Yonhap) -- HD Hyundai Infracore Co., the construction equipment arm of HD Hyundai Group, said Thursday its ...

19h

Hyundai Motor shifts output of Tucson SUV from Mexico to US in response to tariffs

Hyundai Motor said on Thursday that it has shifted output of its Tucson crossover from Mexico to the United States in ...

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