RPT-Hyundai Motor Q1 profit to drop on currency squeeze


(This is repeat of an earlier story ahead of Hyundai Motor's expected earnings release on Thursday.) By Cheon Jong-woo SEOUL, April 24 (Reuters) - South Korea's top auto maker, Hyundai Motor Co. , is expected to post a 7 percent dip in quarterly profit on Thursday as a firm won currency dented the value of overseas sales, but its outlook is slightly better. Hyundai, mired in a domestic cash-for-favours scandal, sells two-thirds of its vehicles abroad and should gain from increasing ...

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