Hyundai to invest over $85bn in advanced manufacturing in South Korea by 2030 Seoul-headquartered Hyundai is to invest ₩125.2 trillion ($85.7 billion) over the next five years in AI, robotics and advanced manufacturing in South Korea. James McLoughlin
Tariff analysis deep dive: The most important changes for the auto industry How regional tariff updates and expanded tariffs on parts and components such as aluminium and steel derivatives are affecting OEMs, suppliers and LSPs. Megan Kelly
South Korea tariff deal with US: What it means for automotive The US and South Korea have agreed on tariffs of 15% for vehicle imports and automotive parts imports, replacing the previously threatened 25% rate. However, the US set tariffs of 50% on steel and aluminium imports, in line with the rest of the world. Megan Kelly
