Hyundai Agrees To Deal To Avoid Trump’s Tariffs

Hyundai Agrees To Deal To Avoid Trump’s Tariffs

Hyundai Motor Group has managed to get around Trump administration’s pricing threats. Everything it cost was $ 21 billion. The South Korean conglomerate, known mainly for its cars, is committed on March 24 to allocate $ 9 billion to increase its American automotive production capacity to 1.2 million units per year. Additional $ 6 billion … Read more

Hyundai Invests $21bn in US Amid Looming Trump Tariffs

Hyundai Invests $21bn in US Amid Looming Trump Tariffs

Hyundai unveils $ 21 billion in American expansion as Trump’s prices are approaching. South Korean car giant Hyundai announced a massive investment of $ 21 billion (16.3 billion pounds sterling) in the United States, a few days before President Donald Trump should impose new prices on trading partners. This decision underlines Hyundai’s commitment to the … Read more