Hyundai Motor is accelerating efforts to diversify its sales networks with market-specific strategies for China and India, as uncertainties in the global market — including potential auto tariffs in the United States — continue to linger.
  • Buffalox@lemmy.world
    2·
    4 days ago

    Weird chart where plus as in increasing sales is marked in red, and declining sales are marked in blue?
    Also very obviously car sales have dropped dramatically last year in Russia, but is marked as positive. But the increase is exclusively because of military vehicles, not normal passenger cars.

    But as I’ve been saying since Trump was elected, USA is steadily making itself irrelevant.
    Looks more and more like that factory investment is going to be $4 billion down the drain for Hyundai/LG.
    A $4B and 8500 job factory stopped, because ICE detained 300 South Koreans starting it up on a working Visa!!
    But more than that Hyundai has investments in USA for $28Billion!! Mostly facilities to increase production within USA exactly like Trump wants, yet they detain the Koreans that are there to start it up!

    America first is truly America alone, as some people observed already early on in his first presidency.

    Anyone considering investing in entering the US market, here’s a piece of advice to you:
    Stay the fuck away, it’s not worth it.