SEOUL, Sept 18 (Reuters) - Hyundai Motor ( HYMLF )
said on Thursday it aims to produce more than 80% of the
vehicles it sells in the U.S. in America by 2030 in response to
U.S. tariff policies, as the South Korean automaker ramps up its
capacity at its Georgia plant.
The automaker said in a statement ahead of its CEO Investor
Day in New York later on Thursday that it trimmed its 2025
operating profit margin target to 6-7% from a previously
announced 7-8%, citing the impact of U.S. tariffs. The company
said it still expects profit margins to improve to 7-8% by 2027
and 8-9% by 2030.