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Hyundai is pushing forward with US expansion plans

Summary by Business Report
Hyundai Motor Group is doubling down on its U.S. manufacturing push even after a turbulent year marked by political whiplash, The Wall Street Journal reports.  The automaker has since reaffirmed $26 billion in U.S. investments, including EV and battery facilities, and remains central to ongoing trade talks between Washington and Seoul that could cut auto tariffs from 25% to 15%. Executive Chair Euisun Chung has framed the expansion as a long-ter…
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Business Report broke the news in on Wednesday, October 8, 2025.
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