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Hyundai Motor to ramp up US output, trims profit margin goal on tariff hit
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Hyundai Motor to ramp up US output, trims profit margin goal on tariff hit
Sep 18, 2025 2:00 AM

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.

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