Hyundai Q3 net to soar, new models brighten outlook

Newswire

By Kim Kyoung-wha SEOUL, Oct 26 (Reuters) - South Korea's top car maker, Hyundai Motor Co., should nearly treble third-quarter profit from last year's strike-hit levels, though soft local sales will see profits dip from the second quarter. Hyundai , a rising star on the world market, should see good volume and market share growth this quarter as new models lure shoppers, despite soaring oil and steel prices and cut-throat competition that hang over the industry. Hyundai, due to unveil ...

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