Tag: news in focus

news in focus

Latest News

Hyundai Motor Group Executive Chair Euisun Chung announces a $21 billion investment in the United States as U.S. President Donald Trump, second from right, and Louisiana Gov. Jeff Landry, far right, stand in the Roosevelt Room at the White House in Washington on March 24. [SCREEN CAPTURE]

How Hyundai's $21 billion pledge could shield it against Trump's tariffs

Hyundai Motor Group’s surprising $21 billion investment announcement at the White House initiated the automaking group’s full-out expansion in the U.S. market along with the potential alleviation of unpredictable tariff pressure.

2025.3.25

A white Genesis GV80 SUV is parked next to Ivanka Trump as she walks to board a plane to Washington for U.S. President Donald Trump's inauguration in West Palm Beach on Jan. 18. [REUTERS/YONHAP]

How Trump's auto tariffs could pump the brakes on Hyundai's Genesis

Hyundai's Genesis brand faces challenges from potential tariffs, impacting growth and production plans in the U.S. market.

2025.3.17

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Hyundai Motor employees work at its plant in St. Petersburg, Russia, in 2021. [HYUNDAI MOTOR]

Will Hyundai return to Russia?

Hyundai considers returning to Russia, a market that has been flooded with Chinese cars in the last two years.

2025.3.10

Cars are made at Kia's manufacturing plant in Mexico in the northern Mexican state of Nuevo León. [KIA]

Kia mulls price hike in U.S. as tariffs on Mexico take effect

With U.S. President Donald Trump's tariffs on Mexico going into effect on Tuesday, Kia is eying ways to mitigate the damage, including raising its prices in the U.S. market or shifting production to its forthcoming Georgia plant.

2025.3.4

Hyundai Motor Group Executive Chair Euisun Chung inspects the company's research center in India in August. [HYUNDAI MOTOR]

[NEWS IN FOCUS] Why Hyundai is mulling a $3 billion IPO in India

Hyundai Motor's expected launch of a $3 billion initial public offering (IPO) in India underscores its robust confidence in the market and its attempt to eye the Southeast Asian country as a new manufacturing hub to replace China and Russia.

2024.2.7

Hyundai Motor employees work at its plant in St. Petersburg, Russia. [SCREEN CAPTURE]

[NEWS IN FOCUS] Korea Inc. takes contrasting responses to Russia-Ukraine war

With the Korean government increasingly leaning toward supporting Ukraine in the prolonged Russia-Ukraine war, the country’s major corporations have taken differing approaches to their businesses in Russia.

2023.5.1

Tag: news in focus

news in focus

Latest News

How Hyundai's $21 billion pledge could shield it against Trump's tariffs

How Trump's auto tariffs could pump the brakes on Hyundai's Genesis

Most popular

Yoon Suk Yeol gets five years on abuse of power, obstruction charges — as it happened

Xdinary Heroes' Gunil leaves band following fan insult allegations

'Pro-Japanese ancestor scanner' goes viral following actor Ha Young's family controversy

One idol tried to unionize K-pop. Almost no one followed.

Institute says Ha Young's great-grandfather was collaborator but below threshold for listing

Will Hyundai return to Russia?

Kia mulls price hike in U.S. as tariffs on Mexico take effect

[NEWS IN FOCUS] Why Hyundai is mulling a $3 billion IPO in India

[NEWS IN FOCUS] Korea Inc. takes contrasting responses to Russia-Ukraine war