
Hyundai announces $21bn US investment as Trump tariffs loom | Automotive industry
South Korea’s Hyundai has said it will make a record $21bn (£16bn) investment in the US, as it attempts to protect itself from the threat of tariffs from Donald Trump. Hyundai plans to invest $9bn by 2028, creating 14,000 full-time jobs to boost US production capacity to 1.2m vehicles and $6bn to expand strategic partnerships…