Hyundai Motor, GM Korea Face Union Tensions Amid US Tariff Risks

Hyundai Motor, GM Korea face union tensions amid US tariff risks

Hyundai Motor and General Motors (GM) Korea are grappling with escalating demands from labor unions for substantial wage increases, compounding challenges posed by auto tariffs from the United States....

Hyundai Denies Immediate U.S. Price Hikes Amid Tariff Pressures

Hyundai Motor has denied reports that it plans to raise vehicle prices in the United States beginning June 2, following speculation that the company would adjust pricing in response to newly imposed U.S. auto tariffs. Last week, Bloomberg reported that Hyundai was considering raising prices across its lineup, including electric vehicles, by as much as [...] The post Hyundai Denies Immediate U.S. Price Hikes Amid Tariff Pressures appeared first o…

Hyundai Denies U.S. Price Hike Amid 25% Tariff Concerns: No Decision Yet, Says Company - Korean Car Blog

Hyundai Motor Company has officially refuted recent reports suggesting it plans to raise vehicle prices in the United States in response to the Trump administration’s newly imposed 25 percent tariff on imported cars, according to The Korea Herald. The clarification came after a Bloomberg report on Thursday claimed Hyundai was preparing to increase U.S. retail prices by approximately […] The post Hyundai Denies U.S. Price Hike Amid 25% Tariff Con…