The German automaker’s sales in the United States plunged last year, hit by tariffs and the end of tax credits for electric vehicles.
Category: Hyundai Motor Co
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Some South Korean Workers Return to Georgia Factory After U.S. Reissues Visas
The State Department has reissued visas for many workers detained in a September raid, lawyers said, as the Trump administration tries to undo damage from the operation.
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Three Billionaires Walk Into a Fried Chicken Restaurant
Jensen Huang, the Nvidia chief executive, and the leaders of Samsung and Hyundai staged a regular-folks outing in Seoul before announcing a business deal.
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After an ICE Raid in Rural Georgia, Hyundai Keeps Betting on America
The revival of America’s industrial base is happening amid pine forests and peanut farms. And it’s being led by a South Korean company.
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What to Know About the ICE Raid at a Hyundai Plant
ICE and other law enforcement agencies detained nearly 500 workers in Georgia in September. Farah Stockman, who covers manufacturing for The New York Times, describes the fallout from the incident and what could be next for foreign factory investments in the U.S.
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Tesla Reveals Cheaper Versions of Model Y and Model 3
Elon Musk’s electric car company said the new versions would start at around $37,000 and $40,000, prices that bring its cars closer to comparable gasoline vehicles.
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Tesla’s Car Sales Rise 7% as U.S. E.V. Tax Credit Ends
The company benefited from a surge in U.S. demand for electric vehicles after Republicans in Congress voted to end a $7,500 incentive at the end of September. But other carmakers benefited more.
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Used E.V. Sales Take Off as Prices Plummet
Electric vehicles on the used market often cost less than comparable gasoline models, making the technology affordable to many more buyers.
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Used E.V. Sales Take Off as Prices Plummet
Electric vehicles on the used market often cost less than comparable gasoline models, making the technology affordable to many more buyers.
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Hyundai I.C.E. Raid Detained Workers With Shor-Term Business Visas
Last week’s immigration operation at a battery plant highlighted a tactic that companies use to bring in foreign workers to establish new operations.
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In South Korea and Japan, Fury at U.S. Fuels Backlash Over Trade Deals
Officials and business leaders in both countries are questioning commitments their governments made to invest hundreds of billions in American manufacturing.
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Raid on Georgia E.V. Battery Plant Raises New Risks for a Shaken Industry
Foreign manufacturers were already dealing with tariffs and the end of E.V. tax credits. Now, they face greater scrutiny of their workers’ immigration status.