On October 30, Hyundai Motor Company stated during its 2025 third-quarter earnings conference call, "We are recovering about 60% of the losses incurred due to tariffs," adding, "Non-price factors account for a greater portion of this recovery than price factors."



The company further explained, "We have achieved not only material cost reductions but also a reduction of more than 700 billion won in operating expenses," and added, "We are making cost-saving efforts across all divisions and are reviewing the results on a monthly basis."


This content was produced with the assistance of AI translation services.

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