Hyundai Motor’s Q3 profits likely to decline: analysts
Sept. 27, 2016
[THE INVESTOR] Market watchers forecast that Hyundai Motor would report on-year decline in earnings for the July-September period due to a drop in sales, in both domestic and overseas markets. According to Hyundai, South Korea’s largest automaker sold a combined 697,864 units in July and August, down 4.1 percent from a year earlier. Breaking down, 607,873 units were sold overseas, down 1.4 percent on-year, while 89,991 units were sold in South Korea, down 19 percent from a year earlier. Hit by l