Hundreds of South Korean workers detained by an ICE raid at a Hyundai battery plant in Georgia were returned home to cheers from family and government officials. But Korean companies are worried that more immigration raids will follow, throwing into chaos Korean-owned auto, shipbuilding, steel and electrical equipment operations across the U.S. Headlight.News has more.
South Korea’s foreign minister headed to the U.S. Monday morning to move forward with plans to release hundreds of South Korean nationals arrested last week while working on the construction of a $7.6 billion Hyundai battery plant in Georgia. The move came just days after the Korean carmaker upped investment plans for the U.S. to $26 billion — and threatens to chill relations between the U.S. and one of its staunchest allies. Headlight.News has more.
Hundreds of employees of LG Energy Solution, a South Korean battery maker, were taken into custody in an immigration raid at a Hyundai plant being built outside Savannah, Georgia, officials from both ICE and the South Korea’s Foreign Ministry have confirmed.
Ford plans to scrap two of its more popular SUVs, the Escape and near-twin Lincoln Corsair, as it converts its plant in Louisville, Kentucky to produce a new generation of EVs. But that won’t leave a big gap in the line-up, various sources tell Headlight.News. Here’s what coming to replace the two SUVs.
Hyundai Motor Group will invest $26 billion in the U.S. market, the automaker announced, a $5 billion increase from the figure it announced earlier this year. The increased budget will be used to expand the groups presence in the steel and robotics industries, as well as to expand its automotive operations. More from Headlight.News.
Auto exports from the U.S. to its northern neighbor have plunged in the wake of the Trump tariff war, Canada now importing more vehicles from Mexico for the first time in three decades.
General Motors and Hyundai Motor Co. will jointly develop give vehicle, including an all-electric van, the two automakers revealed, marking the first concrete steps in an alliance announced last September. The program primarily will target the Latin American market where both automakers are struggling to beat back a push by emerging Chinese competitors. But the van will be sold in the U.S. More from Headlight.News.
Few brands have gone through more changes than Buick over the past few decades, abandoning its classic near-luxury sedans and coupes for a range of SUVs and CUVs – some among the most affordable in the General Motors line-up. But the new Buick Electra Orbit Concept is a striking show car that suggests Buick just might be reaching into its heritage as it looks to the future. Headlight.News takes a closer look.
Pres. Donald Trump’s tariffs will add billions to the cost of manufacturing vehicles in the U.S., as well as importing products from abroad. So far, however, automakers have been reluctant to pass those higher costs onto consumers, fearing that could trigger a sharp downturn in demand. How long they can continue swallowing those higher costs remains to be seen. More from Headlight.News.
After a more than two-year absence, the Chevrolet Bolt will make its return next year, the bowtie brand now says. It will undergo a number of changes and is expected to get better range and performance. But the bigger question is whether it will maintain its position as the country’s most affordable battery-electric vehicle. More from Headlight.News.
Ford’s push into affordable EVs appears to be coming a big step closer to reality, CEO Jim Farly planning to make a major announcement on August 11 at the automaker’s assembly plant in Louisville, Kentucky next week. It will be, the CEO suggested, “a Model T moment,” referencing the legendary vehicle that put Ford on the map more than a century ago. More from Headlight.News.
Trump’s tariffs are raising the prices of new vehicles and threatening the finances of buyers looking for a way to purchase, which are leaving them deeper in debt, new studies show.