Hyundai Motor announces $86 bln investment in South Korea after US trade deal

Core Viewpoint - Hyundai Motor Group plans to invest 125.2 trillion won ($86.47 billion) in South Korea from 2026 to 2030 following a trade deal that reduces U.S. tariffs on South Korean vehicles [1] Investment Plans - The investment will be allocated towards various initiatives aimed at enhancing production capabilities and expanding the company's market presence in South Korea [1] - This significant financial commitment reflects the company's strategy to strengthen its operations in response to changing trade dynamics [1] Trade Deal Impact - The finalized trade deal is expected to facilitate better market access for Hyundai in the U.S. by lowering tariffs, which could positively influence the company's sales and profitability [1] - The reduction in tariffs is a critical factor that may enhance the competitiveness of South Korean automakers in the global market [1]