“Our Q3 results reflect both strong business fundamentals and strategic navigation of a complex global environment,” claimed José Muñoz, President and CEO of Hyundai Motor Company. “We achieved record third-quarter revenue while growing global sales and expanding electrified vehicle sales.

“Operating profit was impacted by higher incentives and tariff effects that we’re managing through disciplined execution and optimized production strategies, including localizing in the U.S. We’re gaining market share in North America and Europe, our diversified powertrain strategy is resonating with customers, and our manufacturing investments are positioning us for sustained profitability. We’re increasing our quarterly dividend 25% because we’re confident in our trajectory and committed to delivering shareholder value while investing in growth,” claimed Muñoz.

Hyundai Motor sold 1,038,353 wholesale units globally during the third quarter of 2025, a 2.6% increase compared YoY.

Wholesale performance outside of Korea increased by 1.9 % to 857,795 units, helped by demand in North America, which recorded a 2.4% YoY rise. Strong sales of the company’s key models, including the Palisade, Tucson and Santa Fe SUVs as well as the Elantra sedan (aka Avante in some places) contributed to this growth.

Wholesales in Korea increased by 6.3% to 180,558 units compared with Q3 of 2024, helped by new model launches, including the Palisade Hybrid and IONIQ 9 SUV.

Global sales of electrified models in Q3 increased 25% YoY to 252,343 units. The company’s hybrid models led the growth, achieving sales of 161,251 units. The rise in EV sales, particularly in the European market, also contributed to the increase.

The company announced a quarterly dividend of KRW 2500 per share for the third quarter – a 25%increase YoY.