Hyundai Misses First-Quarter Estimates Amid Tariffs and Cooling Demand
businesscompany-earningsautomobile 4 posts · 2 accounts
Hyundai’s first-quarter earnings missed estimates as South Korea’s largest automaker grappled with US tariffs and cooling demand in key markets. The company also flagged growing uncertainty across the global auto industry.
Hyundai said its global market share climbed to 4.9% in the first quarter from 4.6%. It also reported a gradual downward trend in raw material prices.
From the sources (4 posts)
@firstsquawkHyundai flags growing uncertainty across the global auto industry
@firstsquawkHyundai reports global market share climbed to 4.9% in the first quarter, up from 4.6%
@businessHyundai first-quarter earnings missed estimates, as South Korea’s largest automaker grappled with US tariffs and cooling demand in key markets
@firstsquawkHyundai reports a gradual downward trend in raw material prices