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Hyundai Motor Co

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Competition is on a constant rise in the automobile sector which has made surviving in this cut-throat world difficult for a number of automakers. …

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Hyundai Motor Co. reported on the 25th of October a 13 percent growth in net profit for the third quarter. Despite labor strike in South Korea the reported profit exceeded analysts’ estimates as Hyundai Motor Co. benefited from the territorial dispute between China and Japan.

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Auto industry in the US has been recovering and shifting its track to the fast lane. Even with gas prices at nearly $4, smaller cars like the Nissan Versa, Ford Focus and Fiat 500 flew off dealer lots in March, and have been giving car makers their best monthly sales in almost five years.

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