INSTANT VIEW 5-Hyundai beats estimates on compacts, new models

Newswire

SEOUL, Oct 28 (Reuters) - Hyundai Motor , South Korea's top automaker, posted a higher-than-expected 38 percent rise in quarterly net profit, driven by strong sales of compact cars and new models. Hyundai, the world's fifth largest carmaker along with affiliate Kia Motors , reported on Thursday a 1.35 trillion won ($1.20 billion) net profit for the quarter ended September, compared with a consensus forecast of 1.17 billion won from Thomson Reuters I/B/E/S. For related story, click on ...

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