Hyundai

Jose Muñoz says Hyundai to stay flexible as Trump announces 25% tariffs on imported vehicles

The Metaplant has the capacity to build up to 500,000 vehicles per year and one third will be dedicated to hybrids.
“Definitely all the cars that we produce here are going to be exempted from any tariff,” Hyundai Motor Co. CEO Jose Muñoz said of Hyundai Motor Group's Metaplant in Georgia, which has the capacity to produce 500,000 vehicles per year. (HYUNDAI)
March 27, 2025 11:49 AM

Hyundai Motor Group will remain flexible as it hustles to increase production capacity and strengthen its supply chain in the U.S. amid a changing trade landscape that soon includes a 25 percent tariff hike on imported autos.

Staying current is easy with newsletters delivered straight to your inbox.