Hyundai Motor has reported a 7% drop in third-quarter operating profit, citing a slowdown in demand and increased competition in the global auto industry. The company posted an operating profit of 3.6 trillion won ($2.6 billion) for July-September 2024, down from 3.8 trillion won during the same period last year. This result fell short of … Continue reading Hyundai warns of slowing demand and rising competition amid 7% drop in Q3 profit