Article updated: 1/24/2013 7:25 AM

Hyundai Motor profit declines 5.5%; Shares extend fall

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Hyundai Motor Co., South Korea's biggest automaker, reported a steeper profit drop than analysts estimated after the won appreciated more than any major currency, reducing the value of overseas sales. The stock fell.

Associated Press

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Hyundai Motor Co., South Korea's biggest automaker, reported a steeper profit drop than analysts estimated after the won appreciated more than any major currency, reducing the value of overseas sales. The stock fell.