Sunday, July 27, 2014

Hyundai Motor Q2 profit slips as firmer won, U.S. discounts hurt

South Korea's Hyundai Motor <005380.KS> said its net profit fell by the most in five quarters, as the local currency's sharp gain and higher U.S. discounts to entice customers overshadowed solid April-June vehicle sales in China and at home. Hyundai Motor, the world's fifth-biggest automaker combined with affiliate Kia Motors <000270.KS>, on Thursday reported a 2.24 trillion Korean won ($2.18 ...

Source: http://finance.yahoo.com/news/hyundai-motor-q2-profit-slips-055847843.html

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