On the Dash: U.S. tariffs cost Kia $842 million in Q3, driving a 49% decline in profit despite record revenue. The company expects a similar hit in Q4 but anticipates relief once the lower 15% duties take effect in December. Kia projects a recovery fueled by new EV launches and steady demand in North America […] The post Kia hit with $842 million tariff loss as Q3 profit sinks nearly 50% appeared first on CBT News.
