Hyundai Motor Company reported earnings results for the fourth quarter ended December 2016. For the quarter, income sank 39% to the lowest level in seven years. Net profit was KRW 1 trillion ($859 million), compared with KRW 1.6 trillion a year earlier. Sales fell 1% to KRW 24.5 trillion ($21 billion) while operating income declined 33% to KRW 1 trillion during the quarter.