Kia

Kia posts record Q2 revenue, profits fall

Kia posted record quarterly revenue of about 33.04 trillion won and a wholesale volume of roughly 851,000 units in Q2, driven by a stronger electrified lineup even as global demand softened. However, operating profit declined about 4.9% due to higher warranty provisions, incentives, and currency effects, with EV and hybrid sales surging but labor strikes looming as a potential headwind.