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Us Trade Tensions

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Hyundai Expands U.S. Operations with $2.7B Investment in Georgia

Originally Published 3 months ago — by CNBC

Featured image for Hyundai Expands U.S. Operations with $2.7B Investment in Georgia
Source: CNBC

Hyundai Motor has raised its revenue expectations for 2024 despite U.S. tariffs impacting its profit margins, and reaffirmed its growth plans to increase global sales to 5.55 million units by 2030, amid ongoing U.S.-South Korea trade tensions and a significant immigration raid at a Hyundai-LG battery plant in Georgia.