Kia crushed it in America, and the definitions – at the present time

Korean auto industry company (00270.Ks), Killing her.

Kia America, part of the Hyundia Motor Group collection Another standard sales month in FebruaryBacked by a mixture of gas -powered offers such as high -selling Telluride Suv, as well as EV compounds such as Crossover EV6.

“So our major strategy is, first, we want to be a leader in what we call sustainable movement. This is the key, it is the task, and Evs is part of that, and also includes an outdated internal combustion, which is hybrid, hybrid connection, etc.” “But we have also built a full range of internal combustion cars in the past few years.”

The aforementioned Telluride Center mentions, as well as SORRENTO and other smaller SUVs. The company did not abandon the sedans – as its three adult competitors did – and just presented the average K4 last year. The largest K5 was already built in North America.

A large part of KIA growth plans include resettlement of production in the United States, which has been done for many years. Kia intends to move EV EV production as well.

“We will build EVS in Georgia, before any of the recent customs tariffs. Kia was in the United States for more than 30 years, and we have invested as a company, billions and billions of dollars in the American manufacturing and supply chain.” “So this is part of our long -term plan.”

Officially, Kia Gorilla, which is 800 pounds in the room-treated the car tariff in Trump-by stating that the company monitors the developments of customs tariffs and will review the work strategies in response.

However – this is great, but – the White House did not target the vehicles that were made in South Korea, where Kia is based on vehicles in the United States.

Ford Jim Pharley CEO has been in order that not targeting other international imports with customs tariffs is unfair because international car manufacturers such as Kia get a main free ride, while imports from Mexico and Canada – are also part of the Free Trade Agreement – compared to 25 % of April duties.

It is not fair or not, it is likely to be a matter of time only before the other commercial partners targeted by the administration, and center believes that Kia has a good plan for the game if this happens, because of its big American imprint.

“The definitions will affect each brand differently depending on its balance about what they do. Therefore, in our case, we have held a lot of meetings on this topic in the past few months, we have our business plan, and we will continue to work that plans to the best advantage of our customers, and our merchants – who have customers who have great investments in Kia – and to pressure the levels of size, and we want to grow (in the United States).”