New models will help boost sales in overseas markets this year as they did at home last year.
There are some questions whether local car sales will keep rising due to a slower-than-expected recovery in private consumption, although it is premature to take a pessimistic view.
The tax refund was recently decided, though it had been discussed for the whole of last year.
A stronger won is a big risk, but Hyundai should see its earnings grow unless the won rises above 950 per dollar.
