Hyundai Motor reported a significant profit drop in the second quarter. Weaker vehicle sales and production disruptions impacted the company's earnings. Higher costs and a competitive market also presented challenges for Hyundai. The automaker is investing in robotics and software-defined vehicles for future growth. Hyundai shares saw a slight increase following the earnings announcement.

Hyundai Motor reported a 20.8 percent decline in second-quarter operating profit Thursday, as production disruptions — caused by a fire at its key...

SEOUL, July 23 : Hyundai Motor reported a 21 per cent fall in second-quarter operating profit on Thursday, missing analysts' estimates, as weaker vehicle sales, production…

Hyundai Motor reported a significant profit drop in the second quarter. Weaker vehicle sales and production disruptions impacted the company's earnings. Higher costs and a…