Hyundai Motor's quarterly profit falls, sales rise

SEOUL, South Korea (AP) - Hyundai Motor Co. says fourth-quarter
net profit fell sharply even as sales rose.

Hyundai Motor earned $177.6 million in the three months ended
Dec. 31, the company said in a release. That marked a decline of
27.9 percent from a year earlier.

Sales during the quarter rose 1.1 percent.

Hyundai's sprawling assembly plant in Montgomery produces the
Sonata sedan and the Santa Fe SUV.

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