All Posts Tagged With: "Hyundai Motors"

Hyundai Motors Posts Lower Profit on Weak Sales

On Wednesday, South Korea based Hyundai Motor Co posted a drop of 39% in income for the fourth quarter, which was its lowest in the past seven years, hit hard by weaker demand at home and in the U.S. and higher overall costs from sale incentives and strikes. The automaker announced that its net profit […]

Profit at Hyundai Motors Plunges to New Record Low

Quarterly net profit at Hyundai Motors tumbled to a new low of over four years due to an extended strike at home as well as weakness in its emerging markets. The automaker warned it might miss sales targets for the second consecutive year. Falling short of estimates, the quarterly results arrive only a day after […]