Hyundai Motor Q1 Net Profit Declined 23.6% YoY

Published: Apr 29, 2026 09:19

Save

[Hyundai Motor's Q1 Net Profit Down 23.6% YoY] Hyundai Motor Company said its Q1 2026 net profit fell 23.6% YoY, affected by US auto tariffs, rising raw material costs driven by geopolitical risks, and other factors. According to filings submitted to regulators, Hyundai Motor posted a net profit of 2.58 trillion won (approximately $1.7 billion) in the first three months of this year, down from 3.38 trillion won in the same period last year. Operating profit fell 30.8% YoY to 2.51 trillion won over the same period, while sales rose 3.4% YoY to 45.93 trillion won.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

Apr 30, 2026 17:59

SAIC Volkswagen and CAR Inc. Sign Procurement Deal, Deliver First Batch of Vehicles Including Audi E5 Sportback

According to SAIC Volkswagen, SAIC Volkswagen and CAR Inc. recently signed an annual procurement framework agreement and simultaneously completed the delivery of the first batch of vehicles. The car models covered in this signing and delivery included the Volkswagen Lavida Fresh, Passat, Tharu Fresh, Teramont Pro, and Audi E5 Sportback.

Apr 30, 2026 17:59

Apr 30, 2026 17:53

Volkswagen CFO: Raw Material Costs Hedged, But Demand and Cost Impacts Possible Due to Middle East Volatility

Volkswagen's CFO, commenting on Middle East volatility, stated that raw material costs were well hedged, but second-wave impacts on demand and costs could not be ruled out.

Apr 30, 2026 17:53

Apr 30, 2026 17:51

California Gas Prices Surpass $6 Per Gallon for the First Time Since 2023

California gasoline prices surpassed $6 per gallon for the first time since 2023.

Apr 30, 2026 17:51