Hyundai adjusts 2025 forecast, citing tariffs, ahead of investor day
NEW YORK – Hyundai Motor Despite the ongoing US tariffs that cause the automobile manufacturer to reduce the expected operating profit margin for 2025, it increases income expectations for this year.
New targets require an activity profit margin between 7% and 8% to 8% this year and an increase of 5% to 5% – an increase of 2 percent – 175.2 trillion South Korean won in 2024 ($ 12.7 billion).
South Korean automobile manufacturer on Thursday CEO Investor Day In New York. The company will host the event for the first time outside South Korea. Besides, CEO Jose Munoz, who promoted to lead the car manufacturer that started this year.
In addition to reviewing financial objectives, the car manufacturer has re -united its ambitious growth plans, including the increase of annual sales to 5.55 million by 2030. Such results will increase by approximately 34%. Global sales last year 4.14 million pieces.
The CEO investor event comes in an inappropriate time for the company and in the relations between the US and South Korea.
Wearing an internal security research, the masquerade federal agent protects a site during a raid, and was arrested by an image of about 300 South Koreli, a project of 4.3 billion dollars by Hyundai motor, and LG energy solution, Elabell, Georgia, an image taken from an image taken from a video on September 4, 2025 to build batteries for electric cars in the United States.
USA Migration and Customs Enf | Through Reuters
Munoz will appeal to investors for weeks after the arrest of hundreds of workers during a raid at a common battery facility between Hyundai and LG Energy Solution in Georgia.
According to US immigration officials, approximately 475 workers, including more than 300 South Koreans, were arrested in the 4 September raid at the facility in Georgia, Ellibell. Many detained workers returned home with a rented plane after discussions between South Korea and US officials.
US officials, the US Internal Security Department’s largest site executive operation RAID, RAID, the workers on the site, “illegal” visas or migration of immigration is carried out on suspicions, he said.
