Kia reports record third-quarter profit
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Filed under: Budget, Kia, Earnings/Financials
In spite of a ridiculous 247WallStreet.com article that simply will not die, Kia appears to be doing anything but going out of business. Hyundai's "weakest brand," as it was called, just posted a 66 percent increase in profit for Q3. Kia's home market sales, in South Korea, rose by 25 percent, while international sales were only a shade off, increasing by 24 percent - in the U.S. specifically, sales were up eight percent.
That has meant 541,884 retail sales, earning net income of 666.6 Korean won ($593 ...