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New Models, Improved Reputation Boost Carmaker
What a year for Hyundai Motor.
Launching upgraded models and opening new plants in emerging markets amid the global recession were no easy achievements, but the South Korean auto giant marched right through and rolled out record results.
Hyundai built up its momentum from the start of the year to eventually hit record quarterly profits.
In the third quarter, the world's No. 4 automaker, combined with its affiliate, Kia, posted a record quarterly net profit of 979.1 billion won, up 270 percent from a year earlier.
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