South Korea has a 400 percent import duty for all foreign vehicles/
Means a 20,000 dollar Harley Davidson will cost ya 100,000 over there.
A 40,000 Cadillac will go ya about 160,000
And we allow them to dump how many tens of thousands of crappy Hyundai or Kia’s?
“400 percent import duty for all foreign vehicles”
That is absolutely false! You must have read it from some fake news site. How bad your internal estimation capability must be that you’d believe something that ridiculous!
South Korea’s octopus-like conglomerates like Hyundai operate in many industries. Hyundai is involved in heavy equipment, shipyards, steel, and autos. Because they make their own steel, they can drive down costs to the point that no one can match the price point.
However, Hyundai and Kia have suffered MASSIVE sales declines in the US and Chinese markets. Down like 20% every year. They are not invincible and the deficit with South Korea is free-falling.
http://nwww.koreaherald.com/view.php?ud=20170704000881
Hyundai offers a 200,00 mile warranty anyone else do that? To be honest I saw a warranty on a windshield that offered lifetime warranty o the engine, didn't catch the make or model. Truth is all cars look alike to me anymore.
My Hundai is the best car I have ever had. Engine sounds like a watch and the mileage is great. All the cars I have owned: Buicks (which I loved), Fords and a Cougar.
There is a reason these cars are popular - a good reason.
“” “” And we allow them to dump how many tens of thousands of crappy Hyundai or Kias?”” “”
Kia was crap 20 years ago. Not so much nowadays.