Hyundai Motor Q3 profit misses forecast as demand slows; shares slide
Hyundai Motor Co on Thursday reported a 7% fall in third-quarter operating profit in a sign the global slowdown in car demand is impacting the South Korean carmaker.
Hyundai warns of slowing demand and rising competition amid 7% drop in Q3 profit
Hyundai has reported a 7% drop in Q3 operating profit, citing a slowdown in demand & increased competition in the global auto industry
Hyundai Profit Drops on Weaker Car Sales, Geopolitical Risks
Hyundai Motor Co. reported third-quarter profit that fell short of analysts’ estimates as tepid vehicle sales around the globe, and expanded geopolitical risks eroded earnings.Operating profit was 3.58 trillion won ($2.
Hyundai Motor Profit Drops, Missing Estimates
Hyundai Motor reported weaker-than-expected net profit for the third quarter amid sluggish vehicle demand and flagged business uncertainties ahead.
Hyundai Motor Q3 Net Profit Declines; Revenue Up 4.7%
Hyundai Motor Company (HYMLF.OB, HYMTF.OB) reported that its third quarter net profit decreased three percent year over year to 3.21
Hyundai Profit Declines on Weaker Car Sales, Geopolitical Risks
Hyundai Motor Co. reported third-quarter profit that fell short of analysts’ estimates as tepid vehicle sales around the globe, and expanded geopolitical risks eroded earnings.
Hyundai Shares Dip On Q3 Profit Decline Amid Slowing Demand
Hyundai Motor reported a 7% drop in third-quarter operating profit, missing analyst expectations. The decline was driven by increased warranty costs for its Santa Fe SUV and rising sales incentives amid global weakening demand for cars.
South Korean car manufacturer Hyundai reports decrease in net profit
The South Korean car manufacturer Hyundai Motor Company on Thursday reported a decline in its net profit for the third quarter to 3.21 trillion South Korean won ($2.33 billion), down 3% compared to the same period in the previous year.
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Protect your car: Hyundai to hold anti-theft event Saturday to prevent trend of stolen cars
Of the most stolen cars in 2023, Hyundai models took the top two spots. Now the company is in the Valley, making sure Hyundai owners get a software update to prevent thefts.
TopSpeed4m
The Hyundai N RN24 Rolling Lab Should Be The Subject Of Your Best Nightmares
Hyundai is no stranger to wild concepts. Back in 2022, the South-Korean giant released two out-of-this-world concepts called the RN22e and N Vision 74. The first was essentially a highly modified ...
Motor Authority4h
Hyundai RN24 shows potential route for high-performance EVs
Hyundai N has also developed a Rally Mode for the electronic powertrain designed to distribute torque to all four wheels in a ...
Hyundai Kona EV Gets An Outdoorsy Edition With Unpainted Bumpers
The Hyundai Kona Mauna Loa doesn’t feature any performance or chassis modifications compared to the Kona Electric. This means ...
autoevolution11h
Hyundai Reveals Latest 'Rolling Lab' - It's a Barebones High-Performance EV Called RN24
Hyundai N unveiled the next-generation 'rolling lab' at the N Day 2024 online event - and this is the future direction of ...
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RN24: Hyundai’s Frankenstein go-kart points to upcoming electric hot hatch
The RN24 takes an EV chassis inspired by the brand’s WRC cars, and squeezes in the same dual-motor powertrain as the Ioniq 5 ...
Hyundai's Supernal partners with two firms for its battery-powered aircraft
Hyundai Motor's Supernal said on Tuesday it had partnered with a private jet charter firm and a passenger helicopter operator ...
Still see short-term downside for Hyundai Motor India's stock: Analyst
Prashanth Tapse of Mehta Equities believes Hyundai Motor India has long-term growth potential thanks to its lead in the ...
Hyundai India shares drop 6% on market debut after record IPO
Shares of Hyundai Motor India dropped as much as 6% in their market debut on Tuesday, after a tepid response from retail ...
Hyundai’s RN24 Is A Mad Science Experiment in EV Rallying That’s More Cage Than Car
Hyundai’s RN24 serves as a rolling lab to test high-performance tech for future electric N division vehicles. It uses the Ioniq 5 N’s 641 hp powertrain but in a shorter, rally-style chassis built for ...