Hyundai adjusts full-year forecast, citing tariffs, ahead of investor day
CNBC·2025-09-18 09:00
NEW YORK – Hyundai Motor is increasing its revenue expectations for this year, despite ongoing U.S. tariffs causing the automaker to lower its expected operating profit margin for 2025.The new targets call for an operating profit margin this year of between 6% and 7%, down from 7% to 8%, and an increase in revenue of between 5% and 6% — up 2 percentage points — compared with 175.2 trillion South Korean won (US$12.7 billion) in 2024.The South Korean automaker revised its financial targets Thursday ahead of a ...