SEOUL -- Hyundai Motor said on Thursday that operating profit nearly doubled in the first quarter from the same period a year earlier thanks to strong vehicle demand, but it cautioned that the global chip shortage is casting significant uncertainty over the current April-to-June period.
South Korea's largest automaker, which ranks No. 5 globally, said operating profit hit 1.7 trillion won ($1.5 billion) in the January-March period, up 91.8% from the same period last year.
