Hyundai Motor Reports Record 4th Quarter Sales

On Friday Hyundai Motor Co., which is 10% owned by DaimlerChrysler, reported record sales. Still, due to new accounting changes the automaker missed profit forecasts. While sales jumped to US$6.09 billion from US$4.6 billion over 3 months ending in December, Hyundai earned US$210.9 million in net profit compared to