SEOUL -- Hyundai Motor revealed on Thursday that it has more than three months of inventory in the U.S., as the South Korean automaker shipped them before U.S. President Donald Trump imposed a 25% tariff on foreign-made cars early this month.
Automobiles
Hyundai piles up car inventory in US ahead of Trump tariff
South Korean automaker operating profit rises 2% on favorable exchange rates
Hyundai Motor says it is looking at broadening ties with U.S. companies to accelerate the localization of its supply chains in response to U.S. President Donald Trump's tariff increases. © Reuters
Read Next
.jfif?width=178&fit=cover&gravity=faces&dpr=2&quality=medium&source=nar-cms&format=auto&height=100)
Latest on Automobiles
