Hyundai Motor's Q1 Profit Takes a Hit

April 26, 2024, 9:33 pm
현대자동차
현대자동차
AutomotiveConservationMarineSustainabilityTechnology
Location: South Korea
Employees: 10001+
Founded date: 2012
Total raised: $5.5B
Hyundai Motor Co's first-quarter profit dropped 2.4% due to weak domestic sales, signaling tough times ahead amidst fierce competition and global economic uncertainty. While U.S. automakers like General Motors and Ford Motor Co are thriving, Hyundai faces challenges ahead.