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Kia Motors turns to profit in the fourth quarter of 2008


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Kia Motors announced today that it’s net profit nearly doubled in the final, fourth quarter of the 2008 as sales of it’s popular new cars rose.Kia Motors, which with it’s parent Hyundai Motor Company forms the world’s fifth-largest automotive group, reported net profit of 74.8 billion won ($54.7 million) in the October-December period, reversing a [...]

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