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Hartage Report

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Hyundai Motor fourth-quarter profit jumps 57% on demand for SUVs, Genesis – Reuters

By Reuters Staff SEOUL (Reuters) – South Koreas Hyundai Motor Co reported on Tuesday a 57% jump in fourth-quarter profit, slightly below analyst estimates, backed by demand for high-margin sports-utility vehicles and its premium Genesis cars. Hyundai, which together with affiliate Kia Corp is among the worlds top 10 automakers,…