Hyundai Motor to post profit jump; won a concern

Newswire

By Cheon Jong-woo SEOUL, Jan 23 (Reuters) - South Korea's top auto maker, Hyundai Motor Co. , is expected to post a two-thirds jump in fourth quarter profits on Thursday as recovering domestic demand hoists sales of premium models and steel prices stabilise. Hyundai, which controls half the South Korean market and sells two thirds of its vehicles abroad, is likely to see earnings improve further in 2006 on higher prices and strong sales of top-end models such as the TG Grandeur, even ...

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