Hyundai had a great year, and the results will show in the form of healthy profits. According to BusinessWeek, the Korean automaker earned $ 1750000000 in the first quarter, up 46 percent over the first quarter of 2010. The total turnover of the industry by 21 percent to $ 17,000,000,000th
Sales volumes were higher as well as the 922 000 units sold worldwide nine percent. Much of that increase occurred in the plants in the U.S. and China, where production climbed by 14 percent. A richer model mix and boost Hyundai profits, such as pricing, depending on the model by an impressive 14 percent in the overseas markets and 2.5 percent in the Korean domestic market.
Hyundai impressive performance in the second quarter, helped rally stocks in Korea, and the automaker saw a gain of 7.5 percent on the day. For the year, Hyundai's shares rose a steep 44 percent.
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