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Business - Hyundai`s revamped Sonata yet to rev up key U.S. market


By Hyunjoo Jin SEOUL (Reuters) - The revamped Sonata sedan was supposed to help Hyundai Motor Co reverse sluggish sales, but the car described by some critics as a bland substitute for its popular predecessor is off to a slow start in the key U.S. market. The tepid reception for the new Sonata in Hyundai`s biggest market after China spells more bad news for the South Korean automaker which is battling intensifying competition and a strong local currency. Hyundai is expected to post a 9 percent fall in its third-quarter net profit when it releases its quarterly earnings on Thursday. ...


Wednesday, October 22, 2014  10:27

Yahoo

World - Hyundai Motor`s 3Q profit falls 28 percent


SEOUL, South Korea (AP) — Hyundai Motor Co. says profit sank nearly 30 percent for the July-September quarter, hurt by a stronger South Korean currency.


Thursday, October 23, 2014  07:09


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