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The Latest Breaking News from Jose Munoz

Here's How Automakers Are Reacting to Trump's Tariffs

The Trump Administration recently announced a 10-percent baseline tariff on all goods imported into the United States, including vehicles. Some countries will face even higher costs, with goods from China subject to 34-percent tariffs, and goods from the European Union subject to 20-percent tariffs.

Motor1

Hyundai Won't Raise Prices Over Tariffs, But Kills Free Maintenance

Tariffs threaten to increase the price of new cars, but not every automaker will pass the costs to the consumer. Hyundai CEO José Muñoz said this week the company will not increase its prices to offset tariff costs. But changes are coming to the company's dealership experience. Hyundai is allegedly…

Motor1

Hyundai's U.S. EV Factory Is Revolutionary. Can It Also Be Tariff Armor?

At the Hyundai Motor Group's new Metaplant just outside of Savannah, Georgia, workers assemble the Ioniq 5 and Ioniq 9 electric crossovers without ear protection because the factory was designed to be so quiet.

InsideEVs

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Hyundai's Georgia EV Metaplant Will Be Bigger Than Expected

The Hyundai Motor Group's new Metaplant near Savannah, Georgia has been hailed as the state's largest economic development project ever. Now, the automaker is planning for it to get even bigger.

InsideEVs

Hyundai's US Investments Mean It's Not Worried About Tariffs

US President Donald Trump is proposing changes that are set to upend the automotive industry. He's instructed federal agencies to revamp emissions regulations, revoked incentives for electric vehicles, and proposed tariffs on imported cars. Some automakers, like Hyundai, are more immune to these changes than others. Its new CEO, José…

Motor1

Toyota Exec: 'We Have Learned From The bZ4X Crisis'

As a rule, I don't count Toyota out in the electric vehicle race—or the race for any future transportation technology. But my rule has its limits. While Toyota had a fantastic year in the U.S. in 2024 on the strengths of its hybrid cars, the cracks are beginning to show…

InsideEVs

Nissan's Situation Gets Dire: '12 Or 14 Months To Survive'

As 2024 starts drawing to a close, it's more clear than ever that the business-as-usual era of the traditional auto industry is over.

InsideEVs

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Hyundai Has a New CEO

Beginning on January 1, 2025, the Hyundai Motor Company will have a new CEO. Jose Munoz was appointed as the new head of the Korean automaker, succeeding current President and CEO Jaehoon Chang. Chang will be promoted to the Vice Chair of Hyundai Motor Group's automotive division.

Motor1

EV Stocks Plunge As Trump Plans To Kill Incentives

The news of the potential death of the consumer credits for electric vehicle sales is sending shockwaves across the U.S. auto industry. Share prices of EV makers, including Tesla, are plummeting, incumbent federal officials are ringing alarm bells and automakers are bracing for the incoming Trump administration with leadership changes…

InsideEVs

Hyundai is rapidly building its first US electric vehicle plant, with production on track for 2025

Construction of Hyundai's first U.S. plant dedicated to making electric vehicles is moving quickly

The Independent UK

Hyundai Speeds Up Construction Of US EV Plant To Get IRA Incentives

The company decided "to double down" and is looking to open the plant three months ahead of the initial January 2025 target, said Hyundai global COO Jose Munoz.

InsideEVs

Hyundai rushing to open Georgia plant because of law rewarding domestic electric vehicle production

Hyundai is rushing to start electric vehicle and battery production at a $7.6 billion complex in coastal Georgia, spurred by federal electric vehicle incentives that reward domestic production

The Independent UK

Republicans in the US ‘battery belt’ embrace Biden’s climate spending

Southern states led by Republicans did not vote for climate spending, but now embrace clean energy dollars like never before

The Guardian - US

Child workers found throughout Hyundai-Kia supply chain in Alabama

A Reuters investigation finds children worked for at least four Alabama parts suppliers to Hyundai and Kia in recent years, with staffing agencies placing migrant minors in plants where regulations ban kids from working.

ABC News

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Tribune News Service

Hyundai factory groundbreaking highlights EV promise and challenges

SAVANNAH, Ga. – Inside the glitzy Enmarket Arena, VIPs and residents crowded around shimmering Hyundai, Kia and Genesis electric vehicles and concept cars in a scene reminiscent of an international auto show.

InsideEVs

Hyundai Motor Group Breaks Ground On Metaplant America In Georgia

Hyundai Motor Group officially broke ground on Hyundai Motor Group Metaplant America new manufacturing plant at the Bryan County Mega site in Georgia.

Tribune News Service

Hyundai presses US government for flexibility with EV tax credits

SAVANNAH, Georgia ― Korean and Hyundai Motor Group officials on Tuesday celebrated the groundbreaking for a $5.54 billion Georgia electric vehicle factory — and used the occasion to urge Washington to restore tax credits for plug-in vehicles that Hyundai currently makes in Korea until it can start production in the…

Tribune News Service

Hyundai breaks ground on massive Georgia EV plant

SAVANNAH, Georgia ― Hyundai Motor Group held a ceremonial groundbreaking Tuesday near Savannah for its $5.54 billion electric vehicle “Metaplant,” its biggest investment outside South Korea, a future-defining wager in electrification and the largest economic development project in Georgia history.

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Motor1

Hyundai Looking Into Alleged Child Labor From US Suppliers: Report

Two Alabama-based Hyundai suppliers are currently under investigation for using underage workers.

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Marjorie Taylor Greene

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