Hyundai Group’s US Sales Steady Despite Tariffs in November
Despite the introduction of a hefty 25% tariff on South Korean imports earlier this year, Hyundai Motor Group reported steady sales numbers for November. The group sold just over 154,008 units in the United States last month.Key TakeawaysSales were up slightly by 0.1% year-over-year to reach 154,308 units.Honda's SUV lineup and hybrid models played a significant role in driving sales growth.The company saw strong demand for its hybrid vehicles but faced challenges with battery electric vehicle (BEV) sales due to the withdrawal of tax credits.November was a mixed bag for Hyundai Motor Group. While overall sales increased slightly, it wasn't all smooth sailing as they experienced a 2% dip in sales from their main brand, Hyundai Motor, which sold just over 82,006 units last month. Kia Corpora...









