The United States has restarted global negotiations on reciprocal tariffs, offering key concessions to major auto-exporting nations—including the European Union, Japan, and...
The US has reduced tariffs on imports from South Korea from 25% to 15%. This reduction benefits South Korean automakers like Hyundai Motor by cutting annual losses of around KRW30...
Despite posting their highest-ever second-quarter revenues, Hyundai Motor Group is grappling with the growing toll of US import tariffs—a headwind that threatens to deepen in...
Japanese and South Korean automakers are beginning to pass rising trade costs onto American consumers as hopes for a swift resolution to tariff negotiations with the US continue to...
The 2025 Shanghai Auto Show has drawn nearly 1,000 automakers and component suppliers from around the world. Chinese manufacturers continued to lead in presence, but a strong group...
Hyundai Motor Group is making a bold US$21 billion bet on the US economy between 2025 and 2028, targeting key B2B sectors across manufacturing, supply chain logistics, steel production,...
Global automakers are revamping their electrification strategies amid shifting subsidies and tariff uncertainty. After overestimating demand outside China, industry giants from the...
Hyundai Motor's electric vehicles (EVs) were removed from the US government's electric vehicle subsidy list in late January 2025, just weeks after being included at the start of the...
Hyundai Motor Group has announced a historic investment of KRW24.3 trillion (approx. US$16.655 billion) in South Korea, marking the largest investment in the company's history. The...
Amid the shifting market dynamics of 2024, traditional automakers have recalibrated their electrification strategies. The emergence of dedicated electric vehicle (EV) manufacturing...
Kia Corporation has made bold moves in EVs, solidifying its position as one of Taiwan's fastest-growing automotive brands. Marking a milestone, Kia hosted its inaugural "Kia EV Day"...
Kia Corporation has chosen Taiwan as the first overseas location for its annual Kia EV Day on November 14, highlighting the market's significance as the fastest-growing territory...
Supply chain insiders say that the biggest obstacles to fully electric vehicle (EV) adoption remain a lack of charging infrastructure and limited range, and following a surge in early...
Despite recent slowdowns in the electric vehicle (EV) market, Hyundai Motor Group (HMG) continues to perform strongly in the United States. The group has secured a 10% market share,...
