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Hyundai Motor Sees Profit Decline in Second Quarter, Warns of Bigger Impact From U.S. Tariffs

SEOUL, SOUTH KOREA, JUL 24 – U.S. import tariffs cost Hyundai $606 million in Q2, driving a 16% operating profit drop despite a 10% rise in U.S. retail sales, the company reported.

Summary by The Globe & Mail
South Korean automaker said tariffs cost the company $606.37-million and hit is anticipated to be larger in current quarter

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Naver broke the news in on Thursday, July 24, 2025.
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