Story perspectives

Hyundai Plant Exports Plunge 99% Amid U.S. Tariffs

6/30/2025

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Summary

Story summary

Hyundai's Montgomery plant exported just 14 vehicles in June, the lowest since early COVID-19, due to new 25% U.S. tariffs.
Despite a capacity of nearly 400,000 vehicles annually, the plant produced 155,800 vehicles in the first five months of 2023, focusing on U.S. sales.
Year-over-year exports plummeted 99%, particularly affecting Tucson and Santa Fe production for Canada.
Hyundai is revising production strategies, including relocating some manufacturing from Mexico to Alabama.

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Story summary

Hyundai's Montgomery plant exported just 14 vehicles in June, the lowest since early COVID-19, due to new 25% U.S. tariffs.
Despite a capacity of nearly 400,000 vehicles annually, the plant produced 155,800 vehicles in the first five months of 2023, focusing on U.S. sales.
Year-over-year exports plummeted 99%, particularly affecting Tucson and Santa Fe production for Canada.
Hyundai is revising production strategies, including relocating some manufacturing from Mexico to Alabama.