[Photo] Hyundai bounces back but faces many hurdles ahead
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Posted on : Apr.25,2019 15:21 KST
Hyundai Motor appears to be bouncing back from its earning shock in the second quarter of last year. Compared to the first quarter of 2018, the automaker reported a 6.9% increase in sales a 21.2% increase in operating profits for the first quarter of 2019. However, with increased marketing costs and the variable of the Trump administration’s tariffs against imported cars, the South Korean automaker has still a way to go before it’s clear of trouble. The bump in earnings has been attributed to newly released SUV models such as the G90 Genesis and the 2020 Palisade. (Hankyoreh archives)
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