SEOUL: Shares of Hyundai Motor Co., South Korea's largest automaker, may surpass yesterday's record as car buyers flock to a more powerful, fuel-efficient version of the company's best-selling Sonata sedan.
Hyundai Motor shares rose as high as 57,200 won in Seoul as a five-day surge swept the stock past its April 8 peak of 55,800 won. The shares have rebounded 45% since mid-May after a slump caused by that month's break-up with DaimlerChrysler AG. The stock rose 4.3% to 56,400 won at 12.42pm local time.