[Conference Call] Hyundai Motor: "US Tariff Impact at 820 Billion KRW... Flexible Response to Sales Prices"
A Hyundai Motor official stated during the second quarter earnings announcement on the 24th, "The amount affected by tariffs in the second quarter was approximately 828.2 billion KRW, but we expect a greater impact in the third quarter when the full effect of the tariffs will be felt."
![[Conference Call] Hyundai Motor: "US Tariff Impact at 820 Billion KRW... Flexible Response to Sales Prices"](http://www.asiae.co.kr/news/img_view.htm?img=2025072111312753287_1753065087.jpg)
He added, "Our pricing policy in the US market follows a fast follower strategy," and explained, "Rather than leading price adjustments, we plan to monitor the market situation and respond flexibly, focusing on what aligns with customer value."
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Regarding the imposition of tariffs on auto parts, he said, "The US government has announced a system that grants credits to finished vehicle manufacturers," and added, "Taking this into account, we expect the impact of the tariffs to be around 20 percent of the total."
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