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As Hyundai Motor Co. prepares to launch its new Verna subcompact sedan in China, the car maker's sales in that country are expected to surpass sales in its home market of South Korea. Total car sales in China rose 50% in 2009.

Hyundai Motor Co. reports a 43% first-quarter net profit drop to 225 billion won, and a 26% drop in sales to 6.032 trillion won. Operating profit fell 71% to 153.8 billion won. Article discusses Hyundai's market share, development of new cars, and expected earnings for the rest of 2009.

Citing high warranty provisions and decreased production from labor strikes, Hyundai Motor Co. posts a 38% third-quarter net profit drop to 264.8 billion won, a 71% drop in operating profit to 104.5 billion won, and a decrease in sales of 15% to 6.05 trillion won. The company expects to meet its full-year sales target of 33.6 trillion won, and an operating profit margin of 6.5%. On Thursday, Hyundai's shares rose 1.2% to 50,700 won.

After two months behind bars and out of commission, the chairman of Hyundai and Kia has won a 'get out of jail free card,' giving folks in west Georgia a [...]

South Korea's largest automaker, Hyundai Motor, said this week it would raise its annual output at its Indian unit by 25,000 units this year and also expand its output capacity [...]