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Hyundai’s third-quarter profit slumps 29%


The largest South Korean automaker reported – just as analysts suspected – a record decline in its third-quarter net profit, with the 29% fall the biggest in more than six quarters. The firm, the world’s fifth-largest carmaker together with affiliate Kia Motors, has been impacted by the slowing sales increase across key markets and by a rising local currency that negatively ...
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