Hyundai Motor boosted profit by 46% for the quarter, winning sales from Japanese rivals, whose production shortfalls from the earthquake last month has production on chocks. Hyundai saw net income
increase to $1.75 billion in the three months ending March 31. The automaker's global vehicle sales rose 9% last quarter versus the year-ago period, as it rolled out new vehicles like the Grandeur
premium sedan in South Korea and the Accent small car in China. By contrast, Honda fourth-quarter profit missed analysts' estimates as its net income plunged 38% for the three months that ended March
31.
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