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Hyundai Q3 sales fall, profit up on hybrids, FX
Hyundai Motor's Q3 sales fell over 11% year-on-year due to domestic factory strikes and weak global demand, yet operating profit rose 5.5% on won weakness and higher hybrid sales, with revenue at 45.11 trillion won. Yonhap reports net profit fell 24.2% on production disruptions. The company lowered its annual sales and profitability targets and cut investment plans to address uncertainty. Korea Times notes Hyundai rose to No. 29 in Interbrand's global brand ranking with brand value reaching $25 billion.


















