Archive · 30 Jul 2026

Hyundai Motor India Q1 Profit Falls 35% Amid Fire

Hyundai Motor India Q1 Profit Falls 35% Amid Fire

Hyundai Motor India made less money in the first three months of its 2027 fiscal year.

A fire at a supplier plant stopped them from making cars for a month.

They also sold fewer cars abroad because of fighting in West Asia.

Even though they lost money, the company says it has already made up most of the lost cars and still expects to grow sales next year.

They plan to add more production lines and launch new cars, including electric and CNG models, to help their business.

Sources