Business, Economics, Stock markets, Tesla, Automotive industry Business | The Guardian
Rolling coverage of the latest economic and financial newsElsewhere in the auto industry, Hyundai has unveiled plans to make a record $21bn investment in the US, to protect itself from the threat of tariffs from President Donald Trump.Hyundai plans to spend about $21bn in the US by 2028 to increase vehicle production, including a new $5.8bn Hyundai Steel plant in Louisiana that will produce over 2.7 million metric tons of steel annually“It’s deepening our partnership with the United States and reinforcing our shared vision for American industrial leadership.”“We’re delighted to report that Hyundai is announcing a major $5.8bn investment in American manufacturing.Money is pouring in and we want to keep it that way.” Continue reading…
Rolling coverage of the latest economic and financial news
Elsewhere in the auto industry, Hyundai has unveiled plans to make a record $21bn investment in the US, to protect itself from the threat of tariffs from President Donald Trump.
Hyundai plans to spend about $21bn in the US by 2028 to increase vehicle production, including a new $5.8bn Hyundai Steel plant in Louisiana that will produce over 2.7 million metric tons of steel annually
“It’s deepening our partnership with the United States and reinforcing our shared vision for American industrial leadership.”
“We’re delighted to report that Hyundai is announcing a major $5.8bn investment in American manufacturing.
Money is pouring in and we want to keep it that way.”
