SEOUL -- Hyundai Motor said on Thursday that its operating profit increased 0.7% in the second quarter to 4.3 trillion won ($3.1 billion) from the same period last year as strong hybrid sales offset falling demand for electric vehicles.
Automaker eyes more such sales as hedge against possible Trump return
Hyundai Motor's Kona Electric SUV: The company's EV sales fell 24.7% year on year in the three months through June. © Reuters
SEOUL -- Hyundai Motor said on Thursday that its operating profit increased 0.7% in the second quarter to 4.3 trillion won ($3.1 billion) from the same period last year as strong hybrid sales offset falling demand for electric vehicles.