Porsche Macan: We drive it in Arabia

'Sports car' and 'SUV' don’t go together yet Porsche has managed it with the Macan. Wheels24 traveled to Dubai.

Kia unwraps K4 at Beijing auto show

Kia's K4 turned heads at the 2014 Beijing International Auto Show but Kia SA says the car won't be on its showroom floors.

Hyundai set for 4.3m model record

2012-10-26 09:19

RECORD SALES YEAR FOR KOREAN POWERHOUSE: Hyundai expects its total sales for 2012 to reach 4.38-million units.

kalahari.com

  • South Korea

    Accessible yet packed with information, South Korea will appeal to geography students and casual... Now R567.00


    buy now

 

SEOUL, South Korea - South Korean automaker Hyundai has posted higher-than-expected profits, exceeding analysts' expectations, despite the global economic downturn.

South Korea's largest automaker sold nearly 3.2-million vehicles in the first nine months of 2012 and posted a third-quarter net income up by 13% or $17-billion, from 2011.

'STRONG IN CHINA'

The automaker predicts its final sales figure for 2012 to be 4.38-million units.

Chief financial officer Lee Won Hee added that the company was in a strong position in China, too, and forecast sales there would be in the range of 820 000 to 830 000 vehicles by the end of 2012.

Hyundai has sold 4.03-million vehicles so far in 2012, crossing the four-million threshold for the first time.


NEXT ON WHEELS24X
Read more on:    south korea  |  models  |  record  |  sales  |  china  |  hyundai

Read Wheels24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
0 comments
Add your comment
Comment 0 characters remaining

Inside Wheels24

FEATURED COLUMNIST

300SL Roadster: An automotive Easter bunny

Wheels24 columnist DAVE FALL takes a light-hearted look at what he considers to be one of the best looking cars yet – a 1957 Mercedes-Benz 300SL Roadster. What would your 'dream car' be?

There are new stories on the homepage. Click here to see them.