The record
Written from the 1 report below. Nothing here is unsourced.
- Hyundai Motor reported a 21% fall in second-quarter operating profit to 2.9 trillion won ($1.98 billion), missing analyst forecasts of 3.2 trillion won.
- The drop came as weaker vehicle sales, production disruptions and higher costs outweighed the benefit of a weaker won, although revenue rose 2% to 49.2 trillion won.
- The result highlights broader pressures on the auto industry, including rising energy and raw material costs and supply chain disruptions linked to US tariffs and conflict in West Asia.
- Hyundai expects macroeconomic uncertainty to persist and competition to intensify.
What to watch next
- Whether Hyundai's sales and production disruptions ease in coming quarters
- Impact of US tariffs and West Asia conflict on supply chains and costs
- How Hyundai manages tougher industry competition amid macroeconomic uncertainty
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Named South Korea · Hyundai Motor · Kia Corp · LSEG SmartEstimate
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