Hyundai Motor scales back US production shift after union talks

What happened: Hyundai Motor and its labor union agreed to cut the planned transfer of Palisade production from the Ulsan plant to the US to 74,000 units, resolving monthslong negotiations over facility reconstruction. Key numbers: Transfer cut to 74,000 units from an initial proposal of 200,000, a 63 Why it matters: The union had raised concerns about domestic factory utilization and job stability, and Ulsan plant four keeps its role as the primary Palisade base. An industry professor said Hyundai still needs flexibility to expand US output given labor disruptions at domestic plants.

Hyundai Motor and its labor union agreed to cut the planned transfer of Palisade production from the Ulsan plant to the US to 74,000 units, resolving monthslong negotiations over facility reconstruction.

The union had raised concerns about domestic factory utilization and job stability, and Ulsan plant four keeps its role as the primary Palisade base. An industry professor said Hyundai still needs flexibility to expand US output given labor disruptions at domestic plants.