Hyundai says Q3 earnings to reflect $956 million costs hit By Reuters


© Reuters. FILE PHOTO: A sign shows directions to the Hyundai Motor Manufacturing Alabama automobile plant in Montgomery, Alabama, U.S. July 15, 2022. REUTERS/Joshua Schneyer

SEOUL (Reuters) – Hyundai Motor said on Tuesday that its third-quarter earnings would reflect “quality-related costs” of about 1.36 trillion won ($955.85 million).

The cost would include additional provision expenses related to their “Theta GDI” engines, the South Korean automaker said in regulatory filings.

($1 = 1,422.8200 won)

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