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Hyundai Breaks Sales Records

In October, Hyundai set its ninth monthly sales record in the past 10 months. Sonata continued to lead Hyundai's sales with 17,505 sold last month. That's up from 7,790 a year earlier.

Overall, Hyundai sold 42,656 vehicles in the United States, up from 31,005 in October 2009. It was Hyundai's best October for U.S. sales, and gave the company 452,703 vehicles sold this year. Hyundai's yearly record is 467,009, set in 2007. That number is likely to fall in the first half of November.

Hyundai Profits See 71 Percent Increase

Hyundai Motors expects to exceed its full-year financial target due to the launch of new models globally. It's a great time for Hyundai to do so - they just reported a 71% jump in the second-quarter net profit.

Net profit for the three months ended June 30 rose to upwards of$1.2 billion, South Korea's top car maker said in a statement. This figure was higher than expected, according to Seoul-based market research?