Hyundai Motor Reports 51 Percent Drop In 2q Net Profit

Business Heds Index, Seattle Post-Intelligencer: Business
Tue, 07/25/2017 - 10:48pm

SEOUL, South Korea (AP) — Hyundai Motor says its second-quarter net income plunged 51 percent over a year earlier as sales in China and the U.S. fell sharply. The maker of Genesis saw China sales wiped out 64 percent as Chinese consumers shunned Korean cars over Seoul's decision to deploy a U.S.

Topics: south korea ap hyundai motor genesis chinese korean seoul seoul china u.s percent net sales

Place your ad here
Loading...

BING NEWS:

(2nd LD) Hyundai Motor's Q1 net down 1.3 pct as sales drop over plant suspension
Hyundai Motor Co., South Korea's leading automaker, said Thursday its first-quarter net profit slipped 1.3 percent on-year amid a slowdown in sales due to a temporary shutdown of one of its Korean ...
04/24/2024 - 7:01 pm | View Link
Hyundai Motor's Q1 Profit Drops 2.4%, Beats Forecasts
SEOUL (Reuters) - South Korea's Hyundai Motor Co reported on Thursday a drop of 2.4% in first-quarter profit, beating analysts forecasts, helped by solid sales of high-margin cars, while a cheaper ...
04/24/2024 - 6:04 pm | View Link
Ford’s 1Q net income falls 24% as combustion engine unit sees sales and revenue decline
Ford Motor Co.’s first-quarter net income fell 24% from a year ago as the company’s combustion engine vehicle unit saw revenue and sales decline.
04/24/2024 - 11:31 am | View Link
Nissan Motor Shares Drop After Annual Profit Estimate Lowered on Slower Sales
Nissan Motor shares fell sharply after The Japanese automaker lowered its estimate for fiscal year net profit, partly due to slower car sales.
04/21/2024 - 2:37 pm | View Link
More

More Movie News

More Business News

Wisconsin-born satirical news outlet The Onion is sold ... No, really
BizJournals, Saturday - 04/27/2024 - 10:51 AM
It's "America's Finest News Source" or so it claims. The Onion, a Wisconsin-bred satirical news outlet — once a newspaper but now read only online — has a new owner. Jeff Lawson, the co-founder and recently departed CEO of San Francisco software company Twilio, has purchased The Onion. “Alright, the news is out — yes, I bought The Onion,” Lawson posted on LinkedIn on Thursday.
More | Talk | Read It Later | Share
Jack’s Abby to take over Wormtown Brewery; purchase to close early summer
BizJournals, Saturday - 04/27/2024 - 09:20 AM
Jack’s Abby will also take a new name to underscore it's “one of the largest 100% family-owned brewing companies in the country,” it said.
More | Talk | Read It Later | Share
Growing church to expand into Dayton with $21M facility
BizJournals, Saturday - 04/27/2024 - 09:18 AM
A growing southwest Ohio-based church is plotting its next location in the Miami Valley. Find out where.
More | Talk | Read It Later | Share
Friendly’s opens restaurant close to Disney
BizJournals, Saturday - 04/27/2024 - 09:00 AM
The parent company of the 89-year-old chain says it's growing, and eyeing more opportunities in Florida.
More | Talk | Read It Later | Share
See 23rd-floor University Club condo just listed for $1.59M: Open House
BizJournals, Saturday - 04/27/2024 - 08:00 AM
A 23rd-floor condo in downtown Milwaukee's luxury University Club Tower recently hit the market for $1,599,000. See photos of the unit.
More | Talk | Read It Later | Share
SKF acquires residential-development site in The Bronx's Norwood neighborhood
BizJournals, Saturday - 04/27/2024 - 06:35 AM
The property was sold for $7 million.
More | Talk | Read It Later | Share

Hyundai Motor Reports 51 Percent Drop In 2q Net Profit

Welcome to Wopular

MoviesWithButter : Our Sister Site

More Business News