UPDATE 2-Hyundai Q2 profit up on sales at home; outlook strong

Newswire

(Adds details, updates shares) By Cheon Jong-woo SEOUL, July 26 (Reuters) - Hyundai Motor Co. , South Korea's top auto maker, forecast a strong second half after brisk sales at home and cost cutting produced its first gain in quarterly profit in 1-½ years. An expected pick-up in growth in Asia's fourth-largest economy is set to fuel demand for premium sedans, like Hyundai's Grandeur. The company, the world's No.6 auto maker with Kia Motors Corp. , makes more profit from sales at home ...

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