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Old 04-22-2020, 09:56 AM   #1
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Default Hyundai boosted production in March, so now its cars sit in U.S. ports

Filed under: Earnings/Financials,Plants/Manufacturing,Hyundai,Kia,Car Buying,Car Dealers
As Detroit's automakers shut production in March due to the coronavirus pandemic, South Korea's Hyundai Motor cranked up its factories back home to ship cars to the United States, a move that is proving costly for the world's fifth-largest auto group. Hyundai ramped up domestic production to as much as 98% of capacity by late March, not only as the Korean market was recovering from a bad February but also because it bet on demand for Tucson SUVs and other models from U.S. customers, its biggestContinue reading Hyundai boosted production in March, so now its cars sit in U.S. ports
Hyundai boosted production in March, so now its cars sit in U.S. ports originally appeared on Autoblog on Wed, 22 Apr 2020 09:45:00 EDT. Please see our terms for use of feeds.


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