Archive · 30 Jun 2025

Hyundai and Kia Increase US Market Share Despite Import Tariffs

Hyundai and Kia Increase US Market Share Despite Import Tariffs

Imagine Hyundai and Kia are like two friends who sell cars in the USA.

Even with some extra taxes (tariffs) on cars coming into the country, they sold a lot of cars!

Together, they now have 11 out of every 100 cars sold in America.

That's a bit more than last year.

Hyundai sold a bit more than half of those cars, and Kia sold the rest.

The company worked hard to have lots of cars ready to sell.

But, the government might put even more taxes on cars.

This is because the government wants to protect American workers.

Sources