日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

US EUROPE AFRICA ASIA 中文
Business / Auto Global

Hyundai woes linger as strong won, home slump hit earnings

(Agencies) Updated: 2014-01-24 15:52

Hyundai woes linger as strong won, home slump hit earnings

An employee wipes down a car as the logo of Hyundai Motor is seen on a car at a Hyundai dealership in Seoul April 25, 2013.?[Photo/Agencies]

SEOUL?- South Korea's Hyundai Motor posted its first year-on-year fall in quarterly revenue in nearly three years, hit by a stronger local currency and slumping sales at home, compounding the challenges facing the once star performer.

Hyundai, the world's fifth-biggest automaker along with Kia Motors, has endured a tough year, marked by lackluster performances in the United States and Europe, a string of recalls and a management reshuffle.

The company's China sales jumped last year, but growth slowed in the fourth quarter in the key market as Japanese rivals made a comeback. It hopes increased capacity will push growth back up in China this year.

Hyundai concedes global sales growth will slow to 4 percent this year from 7 percent last year, even as it plans to launch a revamped version of its popular Sonata sedan. Overall, it aims to sell 4.9 million vehicles in 2014.

On Thursday, the carmaker posted a revenue of 21.94 trillion Korean won ($20.56 billion) in the October to December period, a 3 percent fall from a year earlier. This marked its first year-on-year fall since at least 2011 when new accounting methods were adopted.

"Currency fluctuations - the won's strength coupled with the yen's weakness - weighed on our earnings," Hyundai said in a statement.

The South Korean won gained 3 percent against the dollar and surged 27 percent versus the Japanese yen in the fourth quarter from a year earlier, reducing the value of Hyundai Motor's overseas revenue in local currency terms and lifting Japanese rivals' price competitiveness in the United States and other key export markets.

Hyundai seeks to revive growth with new models, but the won's strength, coupled with the yen's weakness, may toughen competition and curb price rises.

Hyundai has not announced new plant plans in recent years, opting for squeezing out more vehicles from existing plants. This allowed the automaker to run factories at full capacity globally and achieve an industry-leading margin of 9.5 percent last year, but sales growth slowed down.

Net profit jumped 15 percent to 2.06 trillion won, but missed a consensus forecast of 2.23 trillion. Its profit a year ago was hurt by provisions to cover the cost of compensating customers for overstated fuel-economy claims on some cars sold in the United States and Canada.

Hot Topics

Editor's Picks
...
...
主站蜘蛛池模板: 国产日韩在线播放 | 九一在线 | 色妞综合网 | 日韩一区网站 | 国产免费99 | 日韩一级片中文字幕 | 日本理论中文字幕 | 国产91精品久久久 | 超碰在线观看免费版 | 免费看污片网站 | 91在线免费视频观看 | 日本va欧美va欧美va精品 | 9.1片黄在线观看 | 欧美特级黄色大片 | 日本道不卡 | 日本全黄裸体片 | 成人性毛片 | 美日韩一区 | а√中文在线资源库 | 青青草手机在线视频 | 中文字幕视频一区二区 | 欧美成人三级在线观看 | 少妇精品偷拍高潮白浆 | 热久久免费视频 | 亚洲欧美激情精品一区二区 | 911香蕉 | 天天干天天操 | 亚洲一本之道 | 综合导航 | 黄色在线观看av | 蜜桃av一区二区三区 | 日韩亚洲欧美在线 | 国产无遮挡 | 草久在线视频 | 亚洲色图偷 | 先锋av资源站 | 中文一区二区在线观看 | 日韩av一二三 | 亚洲vs天堂 | 日韩欧美三区 | 国产精品热 |