UPDATE 1-Hyundai Q2 net up on brisk sales; outlook strong

Newswire

(Adds analyst, details, shares) SEOUL, July 26 (Reuters) - Hyundai Motor Co. , South Korea's top auto maker, posted a 52 percent rise in quarterly profit on Thursday, well above expectations, on improved domestic sales, cost cuts and profit from derivatives linked to shares in affiliate Kia. The second-half outlook for Hyundai, the world's No.6 auto maker with Kia Motors Corp. , is bright as the maker of the Sonata sedan is likely to enjoy healthy, higher-margin sales at home, as growth ...

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