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Hyundai profit falls 21% on US tariffs, supply chain disruption

A Hyundai Motor production line in South Korea. The automaker's output in the second quarter was hit by a fire at an engine valve supplier. (Nikkei montage/Source photos by Suzu Takahashi and Kotaro Hosokawa)KIM JAEWONJuly 23, 2026 18:46 JSTSEOUL -- Hyundai Motor's operating prof

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A Hyundai Motor production line in South Korea. The automaker's output in the second quarter was hit by a fire at an engine valve supplier. (Nikkei montage/Source photos by Suzu Takahashi and Kotaro Hosokawa)KIM JAEWONJuly 23, 2026 18:46 JSTSEOUL -- Hyundai Motor's operating profit fell more than 20% in the second quarter of this year as it was hit by high U.

S. tariffs and a fire at an engine valve supplier that hurt production of premium models. SEOUL -- Hyundai Motor's operating profit fell more than 20% in the second quarter of this year as it was hit by high U.

S. tariffs and a fire at an engine valve supplier that hurt production of premium models. SEOUL -- Hyundai Motor's operating profit fell more than 20% in the second quarter of this year as it was hit by high U.

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Geely and Ford team up to revive Spanish auto plant

Ford-Geely's collaboration highlights growing reliance on Asian technology and capital. (Nikkei montage/Source photos by Reuters)GLORIA LIJuly 23, 2026 19:45 JSTHONG KONG -- Geely Automobile on Thursday signed a deal with Ford Motor on shared production at the American carmaker's

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