24-July-2026
Corporate News
 
Hyundai Motor Reports 21% Drop in Q2 Profit, Misses Forecasts
23-Jul-2026

Hyundai Motor reported a 21% fall in second-quarter operating profit on Thursday, missing analysts' estimates, as weaker vehicle sales, production disruptions, and higher costs offset support from a weaker won. The weaker results highlight mounting challenges facing the auto industry, as carmakers contend with rising energy and raw material costs as well as supply chain disruptions linked to U.S. tariffs and conflict in the Middle East.

News Source:- https://money.usnews.com/investing/news/articles/2026-07-23/hyundai-motor-reports-21-drop-in-q2-operating-profit-misses-forecasts
 
 
 

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