15:37 - 23.07.2026

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July 23, Fineko/abc.az. Hyundai Motor's net profit in the first half of 2026 fell by 21.1% to 4.856 trillion won ($3.3 billion).

The revenue increased by 2.7% up to 95.15 trillion won, however, operating profit declined by 25.8% to 5.37 trillion won.

In the second quarter, profits dropped by 15.9% and car sales fell by 13.5% to 992,000. The company attributes the pressure on its results to increased competition in the electric vehicle market and the cost of customs duties.