Kia’s Earnings Hit by Headwinds From US Tariff
8 Articles
8 Articles
(Seoul = Yonhap News) Reporter Kim Bo-kyung = Despite the highest sales ever in the second quarter of this year due to the impact of U.S. auto tariffs, Kia Motors, the second largest automaker in Korea, saw its operating profit...
Hyundai and KIA Report Record Sales but Profit Declines Amid U.S. Tariffs - Korean Car Blog
Hyundai Motor Company and Kia Corporation have reported record-breaking sales for Q2 2025, driven by surging demand for hybrid and electric vehicles. However, both automakers experienced double-digit declines in operating profit due to the full impact of the 25% U.S. auto tariffs imposed in April, increased incentives, and competitive global market conditions. Hyundai Motor Company […] The post Hyundai and KIA Report Record Sales but Profit Decl…
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