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hyundai motor

Korea’s Auto Sector Rises on U.S. Tariff Cut to 15%; Hyundai, Kia to Gain Billions

Korea’s Auto Sector Rises on U.S. Tariff Cut to 15%; Hyundai, Kia to Gain Billions

SK Securities projects a sharp earnings upside for Hyundai Motor and Kia as the U.S. slashes import tariffs on Korean vehicles to 15%, cutting costs and widening room for shareholder returns.

Hyundai Motor is building a new plant in Korea for the first time in 29 years... Future car conversion 'speed'

Hyundai Motor is building a new plant in Korea for the first time in 29 years... Future car conversion 'speed'

Hyundai Motor is building a new electric vehicle plant in Korea. It is the first time since the construction of the Asan plant in 1996. It will also rebuild its aging Ulsan plant. It seems to be a strategy to make domestic factories a key base for future car production.