Hyundai Raises Revenue Forecast Amidst US Tariffs
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Hyundai Motor raised its 2025 revenue forecast to 5-6%, but lowered its operating profit margin target to 6-7% due to US tariffs. The upward revenue revision was announced ahead of a CEO investor day in New York, the first held outside South Korea and the first for new CEO Jose Munoz. Hyundai also reaffirmed its goal of reaching 5.55 million annual sales by 2030. This announcement comes amidst controversy following a large-scale immigration raid at a jointly owned Hyundai-LG battery plant in Georgia.
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