News

Kia Corp. will adjust its business operations in the US and cut incentives for retail customers, joining carmakers globally in trying to mitigate the fallout of President Donald Trump’s import tariffs ...
Kia still has no plans to increase US model prices despite new tariffs, but it has adjusted its business plan for incentives.
Hyundai Motor Co. and affiliate Kia Corp. could face as much as $5 billion in additional costs this year under a new trade ...
Kia is adjusting its US business operations, including reallocating inventory, slashing customer incentives to mitigate ...
Shares in Hyundai and Kia, South Korea's leading automakers, sold off after the country struck a trade pact with the U.S. The ...
South Korea's Kia Corp said on Friday that it suffered a hit of 786 billion won ($570 million) from U.S. tariffs in the April to June period. Kia, the world’s No.3 automaker together with affiliate ...
Hyundai said the new trade agreement was a “historic achievement” between the US and South Korea. Although Hyundai Motor, ...
Alongside changes to its supply routes, Kia is also fine-tuning its pricing strategy, and the effects may still be felt by ...
Korean automakers face competitiveness challenges due to U.S. tariffs, possibly risking losing their edge over Japanese and ...
Last quarter, tariffs cost the auto industry billions of dollars. So far, that has come out of profits instead of being ...
The US has reduced tariffs on imports from South Korea from 25% to 15%. This reduction benefits South Korean automakers like ...
The tariffs - some as high as around 40% - will kick in on 7 August, said the White House hours before a previous deadline.