SEOUL, Jan 25 (Reuters) - Kia Motors Corp , South Korea's No. 2 auto maker, on Friday said it turned to a quarterly profit, helped by a weaker won and a reduction in costs. Kia, an affiliate of the country's top car maker Hyundai Motor Co , reported 37.9 billion won ($39.94 million) in net profit during the quarter ended on Dec. 31, missing an 80 billion won profit forecast by 11 analysts in a Reuters poll. That compared to a revised 214 million won net loss a year earlier and 55.1 ...
Premium Content (PAID Subscription Required)
"Kia Motors turns to profit in Q4 on sales, won" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
Current subscribers, please login or CLICK for support information.