Hyundai Profit Slips; U.S. Output to Slow.

The article reports on the decline in the net profit of Hyundai Motor by 11% in the second-quarter of 2008 as a result of poor returns from investments in overseas units. The company also mentioned that it will lessen its output by 40,000 units in the U.S. due to lower demand for automobiles that consume more fuel. Hyundai also said that its shareholding gains have decreased from 189 billion won a year ago to 95 billion won in the first half of 2008.