Hyundai unveils $21bn US expansion as Trump tariffs loom

Hyundai also said it will expand its American vehicle production and invest billions of dollars in new technology including autonomous driving and artificial intelligence (AI).

South Korean carmaking giant Hyundai has unveiled $21bn (£16.3bn) of investment in the US just days before President Donald Trump is set to impose new tariffs on trading partners.

The plan includes a new $5.8bn steel plant in the southern state of Louisiana.

Login to view the full content

You need to log in to view the full post content.

Related posts

Oil price falls as Trump talks up Iran peace negotiations

Coca-Cola bottler raising euro bonds to buy Africa business

Choppies feels Botswana strain as profits fall

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Read More