Hyundai Motor Operating Profit Plummets 40 Percent Amid US Import Tariffs

Hyundai Motor reported a 40 percent drop in fourth-quarter profit due to U.S. tariffs. The automaker expects better results in 2026 despite policy risks.

Insights:
Hyundai Motor Co., Ltd. announced on Thursday that its fourth-quarter operating profit fell by 40 percent year-on-year, missing analyst projections as the company grapples with trade policy shifts. The South Korean automaker recorded 1.7 trillion won in operating profit for the October-December period, down from the 2.8 trillion won reported during the same quarter one year earlier. This performance was notably lower than the LSEG SmartEstimate of 2.7 trillion won, a consensus figure drawn from 17 analysts that gives greater weight to those who are more consistently accurate.
A logo of Hyundai Motors is seen during the launch of the new Alcazar, an SUV, in New Delhi, India, September 9, 2024. REUTERS/Priyanshu Singh
A logo of Hyundai Motors is seen during the launch of the new Alcazar, an SUV, in New Delhi, India, September 9, 2024. REUTERS/Priyanshu Singh
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