Seoul, Jan. 29 (.) South Korea’s biggest automaker Hyundai Motor logged a double-digit fall in operating profit in 2025 due to the negative effect of the U.S. tariff imposition, the company said Thursday.
The company’s operating profit declined 19.5 percent to 11.47 trillion won (8.0 billion U.S. dollars) in 2025 compared to the previous year.
Its revenue gained 6.3 percent to hit an all-time high of 186.25 trillion won (130.6 billion dollars), but the net income dived 21.7 percent to 10.36 trillion won (7.3 billion dollars).
The double-digit profit reduction was attributed to global trade uncertainties, including tariff impacts, the automaker said.
Hyundai incurred costs, estimated at about 4.1 trillion won (2.9 billion dollars), due to the U.S. auto tariffs in 2025, according to Yonhap News Agency.
The carmaker sold 4,138,389 vehicles across the world in 2025, nearly unchanged from the previous year.
Its global sales of electrified vehicles, including hybrids, plug-in hybrids, battery electric vehicles and fuel cell electric vehicles, jumped 27 percent to 961,812 units in 2025.
For the October-December quarter of 2025, Hyundai’s revenue added 0.5 percent to 46.84 trillion won (32.8 billion dollars) compared to the same quarter of 2024.
The operating profit tumbled 39.9 percent to 1.70 trillion won (1.2 billion dollars), and the net income plunged 52.1 percent to 1.18 trillion won (827.5 million dollars) in the cited quarter.
Hyundai sold 1,033,043 units around the globe in the fourth quarter, down 3.1 percent from a year earlier.
Its domestic automotive sales fell 6.3 percent to 177,496 units, while sales outside South Korea decreased 2.4 percent to 855,547 units.
The company’s global electrified vehicle sales increased 12.1 percent to 234,957 units in the fourth quarter.
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