Hyundai Out Performs Toyota With A 21% Jump In Third-Quarter Profit

Hyundai Motor Co. (005380), South Korea’s largest maker of automobiles, reported third-quarter profit rose 21 percent, helped by sales of Sonata sedans and Tucson sport- utility vehicles.

Net income climbed to 1.92 trillion won ($1.7 billion) in the three months ended Sept. 30, compared with 1.59 trillion won a year earlier, the Seoul-based company said in a statement today. The company was projected to report profit of 1.89 trillion won, based on the average estimate of seven analysts surveyed by Bloomberg.

 

Joe_Limon - 10/28/2011 2:49:25 PM

-6 Boost

You don't have to put up with this, go on and find a new automotive news site you can troll on.

LexSucks - 10/28/2011 3:28:28 PM

-5 Boost

Toyota gets outperformed and out come the retarded Toyota fans in a pathetic attempt to discredit facts. LOL!!! It’s impossible for their minds to accept that fact that Hyundai is kicking Toyota’s butt. What did the Toyota fans expect to happen? I mean have you seen Toyota’s current lineup? The Matrix is Toyota’s most exciting car, and the Avalon is Toyota’s top-of-the-line luxury car. As evidenced by Hyundai, It doesn’t take much to beat that.

Agent001 - 10/28/2011 12:57:27 PM

-4 Boost

Let's see it's directly from Bloomberg so HOW are we distorting it?

It's their article.

001

uaw_lax - 10/31/2011 12:33:08 AM

+3 Boost

you guys twist almost every article.

Agent009 - 10/28/2011 3:06:08 PM

-5 Boost

1911 - Sometimes facts hurt.. now don't they.

acronis - 10/28/2011 9:26:38 PM

-5 Boost

How can it be Autospies'fault for reporting auto industry news?

Some of you can be so adolescent in your hate filled, biased rants against any positive mention of Hyundai that you appear psychotic.