Hyundai Motor (005380.KS) warns Middle East conflict disrupts exports, pressures supply chain

Hyundai Motor Co. reported on April 3, 2026, that conflict in the Middle East is disrupting vehicle exports to Europe and North Africa, increasing logistics costs and delaying deliveries. The automaker cautioned that supply chain restoration will require extended time regardless of when hostilities conclude. Logistics affiliate Hyundai Glovis has rerouted shipments to intermediate hubs due to restricted regional routes and higher fuel expenses. South Korea’s March auto exports remained flat as bottlenecks offset demand, while total shipments to the Middle East fell 49%. Hyundai posted March global sales of 358,759 units, a 2.3% year-over-year decline. Following the disclosure, Hyundai Motor shares fell 1.2% and Hyundai Glovis dropped 0.7%, underperforming the KOSPI index, which gained 2.7% on the same day.