Hyundai’s market value surges (https://www.autonews.com/hyundai/ane-hyundai-stock-rally-robots-value-gm-0121/) , overtaking General Motors to become the world’s fourth-most valuable automaker. Dealer confidence slips (https://www.autonews.com/retail/finance-insurance/an-auto-confidence-index-dealers

President Donald Trump announces new tariffs (https://www.autonews.com/manufacturing/an-trump-europe-tariffs-greenland-0117/) on eight European nations unless Denmark sells Greenland (https://www.autonews.com/manufacturing/automakers/ane-trump-greenland-tariff-car-industry-cost-0118/) to the U.S.