Business is booming for South Korea's Hyundai Group that reported its first quarter results. The Hyundai brand sold an impressive 1,072,679 new vehicles worldwide (domestic: 154,800 / overseas: 917,879) in the first three months of 2012, up 16.7 percent from the same period a year earlier.
Hyundai Motor's net income climbed 30.6 percent to 2.45 trillion won (US$2.16 billion) in the first quarter, while its operating profit jumped 24.9 percent to 2.28 trillion won (US$2 billion).
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