Hyundai Motor launches tariff task force, shifts Mexico output to US
In an auspicious start to 2025, Hyundai Motor posted a 2% gain in its operating profit for the first quarter, amounting to 3.6 trillion won (approximately $2.5 billion). One significant reason for this bump was the weak South Korean currency, which improved earnings from overseas. But there are bumps in the road. U.S. tariff programs are indeed proving to be …