South Korea's Hyundai Motor has announced its financial and sales performances during the fourth quarter of 2021. During Q4, its net profit was KRW 701.4 billion ($582.05 million), a decrease of 40.7% year-on-year.
According to the announcement, sales volume went down 15.7%, mainly due to the global chip shortage. Sales in both South Korea and export markets decreased during the quarter by 8.9% and 17.2%, respectively. Yet, overall in 2021, its sale…
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