UPDATE 2-Hyundai Q4 operating profit drops; competition's tough

Newswire

(Updates with analysts, shares) By Cheon Jong-woo SEOUL, Jan 25 (Reuters) - Hyundai Motor Co. , South Korea's top auto maker, posted a surprise 8.6 percent drop in quarterly operating profit on Thursday, hit by a stronger won and weaker sales in a fiercely competitive global market. But the world's No.6 auto maker along with its affiliate Kia Motors Corp. is expected to do better this year as raw material costs soften, car prices rise and overseas sales improve. The won is forecast to ...

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