Hyundai has reported a fourth quarter profit of $A768.3 million for 2007. The figure reflecting a gain of some 15.2% when compared to the previous year.

KIA and Hyundai have sold 3.96 million cars globally over the last year which they intend boosting to 4.8 million units by 2009.

New models including the i-Series (i10, i30, iMax & iLoad) and Genesis should hopefully push the South Korean manufacturer’s sales figures to even greater heights and with quality ever on the improve, Hyundai's goal is not unreachable.