{
  "id": 2316625,
  "title": "[REPORTER'S NOTEBOOK] Hyundai Motor's stock rally puts Munoz to test",
  "url": "https://urgent.news/2026/08/21/reporters-notebook-hyundai-motors-stock-rally-puts-munoz-to-test",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-21T06:17:03.000Z",
  "source": {
    "name": "The Korea Times",
    "slug": "the-korea-times-koreatimes",
    "url": "https://www.koreatimes.co.kr/business/companies/20260821/reporters-notebook-hyundai-motors-stock-rally-puts-munoz-to-test"
  },
  "original_language": "en",
  "account": "Hyundai Motor's stock has surged nearly in half since CEO Jose Munoz took the reins in January 2025, navigating a host of challenges. Despite U.S. tariff pressures, intensifying competition and a swiftly evolving automotive landscape, the company's shares have climbed from around 220,000 won to the 400,000-won range by August.\n\nMunoz has made significant strides, concentrating on Hyundai's U.S. operations and defending market share amidst a 15% tariff. The firm has bolstered its hybrid vehicle options and bolstered local production in North America. Concurrently, he has encouraged tighter collaboration across Hyundai, Kia, and Genesis in engineering, manufacturing, procurement, and distribution to slash costs and bolster profits.\n\nThese endeavors have contributed to Hyundai Motor's robust sales, even as second-quarter revenue reached a record 49.2 trillion won. However, operating profit dwindled by over 20% year-on-year due to mounting tariffs.",
  "summary": "How much of Hyundai Motor's dramatic stock rally can be attributed to CEO Jose Munoz? Since taking the helm in January 2025 as Hyundai Motor's first foreign CEO, Munoz has faced U.S. tariff pressure, intensifying competition and a rapidly changing auto market. Yet the company's stock has nearly doubled, rising from around 220,000 won ($159) when he took over to the low 400,000-won range in…",
  "key_points": [
    "Hyundai Motor's stock surged nearly in half since January 2025 under CEO Jose Munoz.",
    "CEO Munoz focused on U.S. operations, defended market share amid 15% tariff.",
    "Operating profit dropped over 20% year-on-year due to mounting tariffs."
  ],
  "editors_take": "The surge in Hyundai Motor's stock puts CEO Jose Munoz to the test in sustaining the momentum amid challenges such as US tariff pressures and intensifying competition.",
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "The Korea Times",
        "title": "[REPORTER'S NOTEBOOK] Hyundai Motor's stock rally puts Munoz to test",
        "url": "https://urgent.news/2026/08/21/reporters-notebook-hyundai-motors-stock-rally-puts-munoz-to-test-2322007",
        "published": "2026-08-21T06:47:03.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}