Hyundai Motor Cuts 2026 Operating Profit Margin Target to 5.5%-6.5%
Hyundai Motor lowered its 2026 operating profit margin target to 5.5%-6.5% from 6.3%-7.3%.
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05:57:48 AM UTC
SquawkNews
By Kwanwoo JunHyundai Motor's net profit slumped in the third quarter, as sluggish vehicle sales and production losses from labor unrest weighed on South Korea's largest carmaker.The disappointing results come as the company is struggling with slowing auto demand and intensifying competition from C…