Hyundai profit holds, but U.S. import duties pose risk
1 Articles
1 Articles
Hyundai profit holds, but U.S. import duties pose risk
Hyundai posted a modest 0.2% rise in net profit to $2.37 billion for the first quarter of 2025, surpassing analyst expectations despite ongoing challenges in the global automotive market. The growth was primarily driven by strong sales of hybrid electric vehicles (EVs), particularly in the U.S., and a favorable exchange rate with the strong dollar. However, the South Korean automaker faces significant headwinds, particularly from the 25% tariff …
Coverage Details
Bias Distribution
- There is no tracked Bias information for the sources covering this story.
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage