Hyundai Motor reports bigger-than-expected profit fall in Q4 as US tariffs bite
Reuters·2026-01-29 05:11
Core Viewpoint - Hyundai Motor reported a 40% decline in fourth-quarter operating profit compared to the previous year, significantly missing analysts' expectations due to U.S. tariffs offsetting the benefits from a weaker currency [1] Financial Performance - The operating profit for the fourth quarter fell by 40% year-on-year, indicating a substantial decrease in profitability [1] - Analysts had anticipated a better performance, highlighting a significant miss in expectations [1] External Factors - U.S. tariffs have negatively impacted Hyundai's financial results, counteracting the advantages gained from a weaker currency [1]