Hyundai Profit Soars on Demand
By KYEONG-AE CHOI
SEOUL — Hyundai Motor Co. said Thursday its net profit more than tripled in the third quarter on robust demand for new models and strong overseas sales.
The company expects demand will continue to rise through next year, offsetting the impact...
Published: July 23, 2009
SEOUL, SOUTH KOREA — SEOUL
Hyundai Motor outshined its global rivals by reporting a record quarterly profit Thursday, another sign that the once middling carmaker from South Korea was translating the global economic downturn into an opportunity to catch up with...