World NM: Hyundai Achieves Record Earnings on SUV Boom001716

Automaker Hyundai achieved record-high earnings last year with operating profit surging a whopping 179 percent.
The stellar performance stemmed from increased sales of SUVs and premium sedans overseas despite a shortage of automotive semiconductors.
Sales increased in all major markets overseas except China, surging 26 percent in Europe to 590,000 cars and 22 percent in North America to 960,000.

Go to Source