Investing.com -- Kia Corp (KRX:000270) announced on Friday that it expects a rise in vehicle demand for the April-to-June period.

The South Korean automaker predicts that U.S. consumers will accelerate their purchases to evade the impact of potential price increases resulting from U.S. tariffs.

However, Kia also expressed concern over a potential decline in demand during the second half of the year, attributing this anticipated downturn to the same U.S. tariffs.

The company did not provide specific details on the expected increase or decrease in demand, or how the tariffs might directly affect vehicle prices.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.