Hyundai Motor Q3 profit rises 5.5% despite sales slump

What happened: Hyundai Motor reported higher third-quarter operating profit despite a decline in vehicle sales and revenue, and cut its 2026 sales target and operating margin outlook. Key numbers: Q3 operating profit 2.7 trillion won, up 5.5 percent. Revenue 45.11 trillion won, down 3.4 percent. Net profit 1.93 trillion won, down 24.2 percent. Why it matters: Hyundai cited geopolitical uncertainty, intensifying competition, raw material costs and US tariffs, and said the guidance cut reflects cost increases and production setbacks rather than a deterioration in competitiveness. Coverage: 3 outlets in 24h

Hyundai Motor reported higher third-quarter operating profit despite a decline in vehicle sales and revenue, and cut its 2026 sales target and operating margin outlook.

Hyundai cited geopolitical uncertainty, intensifying competition, raw material costs and US tariffs, and said the guidance cut reflects cost increases and production setbacks rather than a deterioration in competitiveness.