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KIA TARIFFS IMPACT
Hyundai Motor's third-quarter profit slumps as US tariffs weighHyundai Motor reported a 29% drop in third-quarter operating profit, totaling 2.5 trillion won, largely due to U.S. tariffs. These tariffs ...- Kia aims to win US market share as tariffs force rivals to pull backKia aims to increase its U.S. market share to over 6% despite an expected market slump. The company plans a 7-8% sales increase, driven by ...
- Hyundai Motor warns of bigger hit from US tariffs after Q2 profit fallHyundai Motor saw a dip in profits for the second quarter. This is because of the US tariffs on vehicles and parts. The company anticipates...
- Shares in Japanese, South Korean automakers surge on Tokyo trade dealShares of Japanese and South Korean automakers surged on Wednesday after U.S. President Donald Trump agreed to a trade deal with Tokyo that...
- Despite tariffs, it's still America first for Asia's legacy automakersDespite U.S. protectionism, Toyota and Hyundai prioritize the American market, mirroring Trump's 'America first' approach. North America is...
- Merc, Skoda-VW may make in India, Tesla to stay away: Musk’s electric car co only interested in setting up sales outlets, says KumaraswamyIndia's new EV scheme allows carmakers to import 8,000 units at reduced tariffs if they establish local manufacturing. Mercedes-Benz, Skoda...
- Kia Sportage 2026 pricing revealed as sales surge: Can the SUV withstand Donald Trump’s tariffs and remain affordable?The Kia Sportage 2026 will hit dealerships this summer with a renewed look, new features. Sales of Sportage’s earlier models have been at a...
- Trump trade war spreads more gloom across businessesBusinesses are grappling with the fallout from President Trump's trade war, as tariffs disrupt supply chains and increase costs. PepsiCo an...
- Hyundai Motor launches tariff task force, shifts some production to the USHyundai Motor is tackling US tariffs. The company has formed a task force. It will focus on minimizing the impact of tariffs. Some Tucson p...
- Trump’s 25% Auto Tariffs: Which brands will be hit hardest? | Rising costs & insurance impactWhile Trump's 25% auto tariffs aim to bolster domestic manufacturing, their far-reaching effects on pricing, competition, and consumer affo...
- This move by Trump to make cars unaffordable for many American families. Here's whyU.S. President Donald Trump's 25% tariff on imported vehicles will primarily affect working-class car buyers, as most low-cost vehicles are...
- Trump auto tariffs take aim at a pillar of Asian economies - and national prideU.S. President Donald Trump has announced a 25% tariff on imported cars and light trucks, impacting Japan and South Korea's car industries....
- Market Wrap: Auto, IT slump weighs on D-Street; Sensex sheds 191 pts, Nifty holds 23,500Indian benchmark indices closed lower on Friday, pressured by declines in auto and IT stocks as investor sentiment turned cautious ahead of...
- Most carmakers & consumers stand to lose as Trump’s tariffs spread the pain, Tesla one of the winnersUS President Donald Trump’s 25% tariffs on auto imports and key components will raise costs for several major carmakers, including Hyundai,...
- Market Wrap: D-Street ends higher as banks offset auto slump; Sensex gains 318 pts, Nifty above 23,550Indian benchmark indices closed in the green on Thursday, bouncing back from a negative start as advances in heavyweight financial stocks p...
- Sensex jumps over 400 pts, Nifty above 23,550; PSU banks shine, auto pack bleedsIndian benchmark indices Sensex and Nifty 50 rebounded on Thursday after an early dip caused by concerns over US tariffs on auto imports. T...
- Will cars priced below $30,000 disappear? Trump's tariff plan to hit affordable vehicles the hardestThe US car industry has a 'big case of anxiety' about President-elect Donald Trump's proposed 25 percent tariff on Mexico and Canada import...
- From Audi to Foxconn and H&M; which companies are likely to feel the heat from Donald Trump's tariffs?President-elect Trump's proposed tariffs on Canada, Mexico, and China threaten major industries. Automakers like Audi, BMW, and Toyota, alo...
- What Trump's 2024 election win means for Asian companiesDonald Trump's return to the White House has left Asian companies with significant investments in the United States uncertain about the fut...
- India raises tax on imported cars, motorbikes, including EVs in a bid to boost "Make in India" schemeImport tax on all semi-knocked-down cars - where major parts are imported separately and the final vehicle is assembled in the country - wi...
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