Hyundai

Hyundai leads domestic reinvestment wave sparked by US–South Korea trade accord

We are at a pivotal moment for South Korea’s industrial landscape. After a new US–South Korea trade deal lowered auto import tariffs from 25% to 15%, Hyundai Motor Group responded with bold action. The company announced a massive 125.2 trillion won (US$86.47 billion) investment in South Korea, to be deployed between 2026 and 2030. This…