Dossier
Ulsan
Coverage of Ulsan in the Nexus archive.
- Hyundai's growth is pushing Genesis' US production back to Korea
Genesis is relocating production of its top-selling US model, the GV70 SUV, from Alabama back to Ulsan, South Korea. This temporary move will consolidate vehicle production in Korea to make room for Hyundai's expansion, which was driven by the parent company’s rapid growth and record sales in the United States.
- Oil’s Stunning Reversal Rekindles Fears of a Global Glut
Brent oil erased its wartime gains as increased flows through the Strait of Hormuz followed progress on a US-Iran peace deal. The development has rekindled concerns about a global oil glut.
- Hyundai Motor Misses Estimates as Geopolitical Headwinds Hit
Hyundai Motor Co. reported missing financial estimates, attributed to challenges posed by geopolitical headwinds. A Palisade SUV destined for export was photographed at a port near the company's Ulsan plant.