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6h agoHyundai Motor Company Q3 profit slumps 29% as US tariffs bite
Hyundai Motor Company posted operating profit of 2.5 trillion won (~US$1.76 billion) for the July-September quarter, down from 3.6 trillion won a year earlier. The South Korean automaker said the drop was driven by rising U.S. tariffs and higher costs, in spite of solid vehicle sales. Hyundai said it is evaluating production shifts and cost-cutting measures while assessing the tariff impact. The result underlines the pressure on global automakers from trade policy and margin squeezes, especially as EV transition and supply-chain realignment add costs.
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negative
6h agoHyundai Motor Company Q3 profit slumps 29% as US tariffs bite
Hyundai Motor Company posted operating profit of 2.5 trillion won (~US$1.76 billion) for the July-September quarter, down from 3.6 trillion won a year earlier. The South Korean automaker said the drop was driven by rising U.S. tariffs and higher costs, in spite of solid vehicle sales. Hyundai said it is evaluating production shifts and cost-cutting measures while assessing the tariff impact. The result underlines the pressure on global automakers from trade policy and margin squeezes, especially as EV transition and supply-chain realignment add costs.
Explore:Mutual Fund Categories
negative
Hyundai Motor Company Q3 profit slumps 29% as US tariffs bite
about 7 hours ago
1 min read
84 words
Hyundai Motor’s Q3 profit falls 29% due to U.S. tariffs and cost pressures despite steady sales.
Hyundai Motor Company posted operating profit of 2.5 trillion won (~US$1.76 billion) for the July-September quarter, down from 3.6 trillion won a year earlier. The South Korean automaker said the drop was driven by rising U.S. tariffs and higher costs, in spite of solid vehicle sales. Hyundai said it is evaluating production shifts and cost-cutting measures while assessing the tariff impact. The result underlines the pressure on global automakers from trade policy and margin squeezes, especially as EV transition and supply-chain realignment add costs.
Hyundai Motor Company posted operating profit of 2.5 trillion won (~US$1.76 billion) for the July-September quarter, down from 3.6 trillion won a year earlier. The South Korean automaker said the drop was driven by rising U.S. tariffs and higher costs, in spite of solid vehicle sales. Hyundai said it is evaluating production shifts and cost-cutting measures while assessing the tariff impact. The result underlines the pressure on global automakers from trade policy and margin squeezes, especially as EV transition and supply-chain realignment add costs.
Companies:
Hyundai Motor Company
Tags:
stocks
global
stocks
global
automotive
tariffs
company earnings
Oct 30, 2025 • 05:56 IST