The Business Times

Hyundai

Companies & Markets

Hyundai’s US$26 billion investment plan in the US to continue despite immigration raid, says CEO

Hyundai signage is seen at the New York International Auto Show Press Preview in New York City, U.S., April 16, 2025. REUTERS/Jeenah Moon
Companies & Markets

Hyundai pledges record US$85.8b investment in South Korea

People walk past a large electronic screen showing the Samsung logo at Seoul train station in Seoul on October 14, 2025. Samsung Electronics forecast a 32 percent jump on October 14, in third-quarter operating profit from a year earlier, beating market expectations as solid demand for conventional memory chips offset weaker sales of high-bandwidth memory products. (Photo by Jung Yeon-je / AFP)
Companies & Markets

Korean conglomerates pledge US$464 billion of domestic investment

(From left) Park Jaeha, vice president and head of Global Hydrogen Business Sub-Division at Hyundai Motor Group, Clarence Chua, senior vice president and head of region for Japan and Korea at the Singapore Economic Development Board.
Transport & Logistics

Hyundai Motor Group signs MOU with EDB to advance low-carbon, hydrogen technologies

In India, the company has set a goal of US$11 billion in sales by decade’s end.
Transport & Logistics

Hyundai pivots to hybrids as it unveils US$5 billion India plan

A South Korean worker (right), who was detained in a US immigration raid at a Hyundai-LG plant in Ellabell, Georgia, is welcomed by family members after returning from Atlanta, Incheon, South Korea, Sep 12, 2025.
International

South Korean minister says US admits plant raid was ‘excessive’

Police roll up a banner belonging to a protestor depicting US President Donald Trump at Incheon International Airport after a specially chartered Korean Air Boeing 747-81 bringing hundreds of South Korean workers back from Atlanta touched down, Incheon, South Korea, Sep 12, 2025.
International

Trump concerned South Korean arrests could ‘frighten’ investors

South Koreans aboard a bus after leaving the Folkston ICE Processing Centre are driven to Hartsfield-Jackson Atlanta International Airport to depart for Seoul, South Korea, Sep 11, 2025.
International

Lutnick says Hyundai should have called him for visas, Axios reports

Hyundai has pledged recently to increase its investment in the US to US$26 billion till 2028, up from the US$21 billion it had promised in March.
Companies & Markets

Hyundai says battery plant delayed after immigration raid

South Korean President Lee blamed the raid on “cultural differences”, saying that in South Korea, minor visa infractions by American nationals were not seen as “a serious issue”.
International

South Korea President warns ‘bewildering’ Hyundai immigration raid could chill investment

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