[Concall] Kia "If US electric vehicle subsidies are abolished, hybrid benefits will reflect"

[Financial News] Kia announced on the 25th, "In the second half of the year, we plan to increase hybrid sales in the US," stating that "if electric vehicle subsidies are abolished, hybrids will benefit."
Kia predicted this through a performance announcement conference call on the same day, saying, "Although we predict a decline in demand in the US automotive industry, Kia's retail demand will increase."
Regarding the response to US tariffs in the second half, Kia explained, "We will respond to US tariffs by dividing them into price and non-price measures," adding, "We are redirecting parts tariff refunds or US production and exports to Canada and Mexico to the US domestic market, and we are reducing incentives as a price measure."
 


hjkim01@fnnews.com Hakjae Kim, Kyungho Park Reporter