Hyundai Motor said on Thursday it has launched a task force to respond to U.S. tariffs, adding that production of some Tucson crossovers has now been shifted from Mexico to the United States.
It is also considering whether to move production of some U.S.-bound cars from South Korea to other locations, the automaker said as it reported a 2% rise in first-quarter operating profit and reaffirmed its annual earnings targets.
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