Kia Q2 profit falls despite record sales, as US tariffs, incentives bite
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Source: The Korea Herald
Published: 2026-07-24 18:39 UTC+10:00
Section: All News
Factuality Score: 100
Opinion Category: Neutral
Topics: Transport, South Korea, Financial Markets, World News
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Snippet:
South Korean carmaker Kia said Friday its operating profit fell 4.9 percent in the second quarter, as US auto tariffs and higher sales incentives offset record revenue and vehicle sales fueled by surging demand for hybrid and electric models.
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