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This is impressive.
Aug 30, 2010 - 10:01 PM - by dboz1
Hyundai sales grow, profits rise 71 percent
Jul.29, 2010 in HYUNDAI NEWS Leave a Comment

Hyundai Motor Company posts record quarterly profits. Earnings up 71 percent compared to a year ago.

Consumer demand for new Hyundai cars overseas continue to rise and improving sales mean higher profits for the brand. According to latest reports from Bloomberg, Hyundai Motor Company today announced a record quarterly profit with earnings jumping 71 percent in the second quarter of the year.

Hyundai’s net income jumped 71 percent to 1,39 trillion won -$1.2 billion in the three months ended June 30, from 811.9 billion won a year earlier. Hyundai profits have soared sharply thanks to increased sales of new Hyundai cars globally. The revamped Sonata has been a huge seller for Hyundai in the USA, while Tucson crossover, known also as Hyundai ix35, has been in high demand in Europe.

According to Hyundai’s Chairman Chung Mong-koo, the automaker is expecting its sales to continue to grow in the second half of the year. He also expects to see domestic sales rebounding after new models, such as new Hyundai Avante and redesigned... [Read More]
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This is impressive.
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Welcome to our newest member, 80TRANSAM
» Current Poll
Will you hold off on getting an R-Spec for the 3.8 V6?
Still gonna get the 2.0l Turbo - 43.75%
7 Votes
Gonna wait for the 3.8l V6 - 31.25%
5 Votes
I want the Tau V8!!! - 25.00%
4 Votes
Total Votes: 16
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