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South Korea Automaker Shares Slip After US Trade Deal
Seoul (Reuters) -Shares of South Korean automakers Hyundai Motor and Kia Corp fell on Thursday after U.S. President Donald Trump said the U.S. will charge a 15% tariff on imports from South Korea, including autos, as part of a trade deal. Hyundai Motor shares were down 2% and Kia Corp stock lost 3.3%.
Hyundai Motor and Kia are accelerating efforts to localize their parts supply chains in the United States in a bid to offset ...
Shares in Hyundai and Kia, South Korea's leading automakers, sold off after the country struck a trade pact with the U.S. The ...
Hyundai said the new trade agreement was a “historic achievement” between the US and South Korea. Although Hyundai Motor, ...
Hyundai Motor Group Executive Chair Euisun Chung will travel to Washington on Wednesday to support South Korea's push for a ...
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SEOUL: As South Korea and the United States reached an agreement on tariffs on Wednesday (July 30), attention is turning to ...
Hyundai Motor India beat quarterly profit estimates on Wednesday, as higher exports and better proceeds from SUV sales offset ...
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