Hyundai Motor reported a 2009 Q4 operating profit which exceeds analysts’ expectations, thus indicating that a new path may lie ahead for the world’s 4th biggest automaker (if we consider its alliance with Kia Motors), as Reuters reports.
The global crisis forced consumers to change their options and move towards the small cars segment. Government incentives were also available and they were offered for this particular part of the automotive market. Hyundai foresaw the opportunity and granted… (read more)