Friday, July 27, 2007

UPDATE 1-S.Korea Kia's Q2 beats fcast; H2 outlook tough

(Reuters) - Yet Kia's second-half outlook is weighed down as sales are
unlikely to pick up significantly and as a strong won may
keep denting sales of the company, which sells about 80 percent
of its vehicles overseas.




But Kia's Slovakia factory and the won's weakness against the
euro may reduce the impact of the won's rise versus
the dollar.


Read more at Reuters.com Market News

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