Hyundai Motor
Hyundai Motor and Kia are expected to report lackluster first-quarter earnings compared to last year due to US tariffs and a weaker Korean won. A market analysis of securities firms' forecasts shows Hyundai projecting sales of 45.89 trillion won and operating profit of 2.78 trillion won. Kia anticipates sales of 29.62 trillion won with operating profit down 22.6%.
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Hyundai Motor’s all-new NEXO hydrogen fuel-cell electric SUV has received the highest five-star rating in the latest European New Car Assessment Programme (Euro NCAP). The vehicle excelled across all major categories, including adult and child occupant protection, vulnerable road user protection, and safety assist technologies. This achievement continues Hyundai’s streak of five-star ratings following its IONIQ 5, IONIQ 6, and IONIQ 9 electric vehicles.