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DPA
DPA
Hyundai almost tripled its profit in 2021, despite a significant fall in the final quarter of the year, South Korea’s leading carmaker said on Tuesday. Net profit for the year came in at almost 5.7 trillion won (4.7 billion dollars) against 1.9 trillion won in 2020. Sales climbed 13 per cent to 117.6 trillion won. Hyundai said it increased its worldwide sales by 3.9 per cent to about 3.9 million cars, fuelled by demand for its sport utility vehicles and its luxury brand, Genesis. To meet its sales targets this year, Hyundai plans to further expand its luxury model offerings. In contrast, globa…