Hyundai CEO warns US faces Chinese auto surge without guardrails
Hyundai Motor CEO Jose Munoz said the US could see a wave of Chinese auto imports similar to Europe unless Washington maintains tariffs and other market-access safeguards.
Hyundai Motor KRX:005380 CEO Jose Munoz warned on Thursday that the US could face a similar wave of Chinese auto imports that has disrupted Europe's car market unless Washington maintains tariffs and other market-access safeguards. Chinese automakers have rapidly expanded.