
Post-strike perspective remains strong and includes plans for growth and value.
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Automaker also recorded double-digital revenue increases in the first nine months of the year.
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Strong result driven by higher sales volume, consistent cost management and focus on efficiency.
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Increased deliveries of the Portofino M, the 296 GTB and the 812 Competizione models boosted the automaker's first-quarter earnings.
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People keeping vehicles longer and driving more miles is increasing parts and service needs.
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Hyundai may not maintain its EV sales momentum if it can no longer qualify for U.S. tax credits under the Biden Administration’s Inflation Reduction Act.
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The Japanese automaker forecasts operating profit for the fiscal year will hit 360 billion yen ($2.5 billion), up 100 billion yen from its July forecast.
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Demand for new vehicles in the United States remains strong despite rising interest and loan rates, reported CEO Tomomi Nakamura.
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Join Connected Dealer Services at AE Experience on Monday, May 24.
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