Hyundai Motor drives sharp Q1 net profit increase by 31%

SEOUL: South Korean carmaker Hyundai Motor increased quarterly net profit by 31 per cent to $2.15 billion as it bucked a sluggish industry trend in Europe and China and boosted sales in a recovering US market.

Hyundai and Kia predict slower sales growth in 2012

Hyundai and its affiliate Kia Motors have said they expect sales growth in 2012 to be sharply slower than 2011 due to the global economic downturn.

Samsung, Hyundai Tell Workers to Brace for Economic Uncertainty

Jan. 2 (Bloomberg) -- Samsung Electronics Co. and Hyundai Motor Co., South Korea’s largest companies, told employees to brace for intense competition in a weak global economy as the government called for contingency planning.