Hyundai recorded its best first quarter sales and second-best March in history, driven predominantly by hybrids and electric vehicles. The sales journey comes alongside the inauguration of the $7.6 billion Metaplant in Georgia, which is aimed at boosting local EV production. Kia also marked a strong quarter, despite a minor decline in EV sales. While the brands continue to surge, future sales may face challenges if proposed tariffs by the Trump administration are implemented, creating uncertainty in the automotive market.
"Hyundai's record sales in Q1 2025, driven by hybrids and EVs, reflect a significant growth trend even amidst concerns over potential tariffs from the Trump administration."
"The successful launch of Hyundai's $7.6 billion Metaplant in Georgia signifies a commitment to increasing local production of EVs, reinforcing their position in the U.S. market."
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