Hyundai Q1 revenue 9.5 trillion won: shift from passenger cars to RVs
Hyundai Motor's Q1 2026 revenue from RVs (SUVs and minivans) reached 9.565 trillion won, 1.9 times higher than passenger car revenue (5.101 trillion w...
Hyundai Motor's Q1 2026 revenue from RVs (SUVs and minivans) reached 9.565 trillion won, 1.9 times higher than passenger car revenue (5.101 trillion won). The gap is most pronounced in exports: RV exports rose 2.5% to 6.710 trillion won, while passenger car exports fell 9.4% to 2.703 trillion won. RV share of total exports increased from 49.4% to 58.6% year-on-year. Key drivers include the new Palisade, Ioniq 9 electric SUV, and upcoming Ioniq 3 and compact SUVs for India.