Hyundai to make Santa Cruz pickups at Alabama plant in $410 million expansion
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(Reuters) - South Korean automaker Hyundai Motor will start making its Santa Cruz pickup trucks at its U.S. factory in 2021, with an investment of $410 million (£320.41 million), as it seeks a foothold in the popular, but highly competitive, segment led by U.S. rivals.The Alabama factory expansion was announced as President Donald Trump is expected this week to push back a self-imposed deadline on whether to put tariffs of up to 25% on imported cars and parts.Hyundai has invested more than..