Overseas Sales Lift Profit at Hyundai
From Associated Press
Hyundai Motor Co., South Korea’s largest automaker, said first-quarter profit rose 11% to $395.7 million, while revenue increased 2% to $5.3 billion.
Sales were dampened by a sluggish domestic market, but exports rose 5.2% to 235,000. For 2004, Hyundai is targeting total sales of 1.76 million units.
