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HYUNDAI MOTOR ANNOUNCES 2016 1Q BUSINESS RESULTS

April 27, 2016 - Posted in Hyundai News Posted by:

April 26, 2016 – Hyundai Motor Company, South Korea’s largest automaker, today announced its 2016 1Q business results. Sales volume and operating profit decreased whilst sales revenue increased from the same period last year, mainly due to slowing plant operations that increased fixed costs ratios, and weak cross currencies against KRW in emerging markets such as Russia and Brazil.

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