Hyundai Motor Q3 profit jumps, outlook bright

Newswire

SEOUL, Oct 28 (Reuters) - South Korea's leading carmaker, Hyundai Motor Co. , posted a sharp rise in third-quarter profits from last year's strike-hit levels, but soft local sales saw profits dip from the second quarter. Hyundai, a rising star on the world market, posted on Thursday a net profit of 450 billion won ($400 million) for July-September, compared with a revised 302 billion won a year ago and the second quarter's 509.8 billion. The profit fell short of a consensus forecast for ...

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