Hyundai Motor’s Q3 Net Plunges 67 pct on Costs, Strong Won

SEOUL, Oct. 25 (Korea Bizwire) — Hyundai Motor Co., South Korea’s biggest carmaker by sales, said Thursday its third-quarter net profit plunged 67 percent from a year earlier due to the strong won and U.S. recall costs. Net profit for the three months that ended on Sept. 30 fell to 305.95 billion won (US$269 million) [...]