Overview
- Hyundai Motor’s Q4 net profit fell 52.1% to 1.18 trillion won as operating profit dropped 39.9%, with tariff costs estimated at 4.1 trillion won for 2025 and 7.2 trillion won across the group including Kia.
- Kia reported a 15.5% Q4 net profit decline and said about 2.9 trillion won of U.S. tariffs hit 2025 results, with roughly 3.3 trillion won expected to affect 2026.
- Hyundai Mobis’ Q4 net profit slid 39.9% on equity losses in affiliates and U.S. parts tariffs, even as it achieved record annual revenue and plans R&D spending to exceed 2 trillion won this year.
- The U.S. cut auto tariffs to 15% in November after imposing 25% in April, but much Q4 inventory still faced the higher rate, and President Trump has signaled a move to restore the 25% duty.
- Despite margin pressure, 2025 revenue reached records for Hyundai and Kia, electrified sales at Hyundai rose 27%, and companies outlined mitigation via U.S. localization, higher R&D and updated 2026 targets.