Hyundai Motor posts record sales: shares fall on recall talk

Hyundai Motor Co posted record monthly sales for October, but its shares tumbled on Thursday, which analysts said was sparked by market rumours that the South Korean automaker may face a recall or litigation in the United States.

Hyundai Motor said October sales rose 14 per cent to 412,189 vehicles from a year earlier as it bounced back from labour strikes in South Korea while overseas production increased.

via Business feed http://www.scmp.com/business/companies/article/1074257/hyundai-motor-posts-record-sales-shares-fall-recall-talk