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Hyundai's Q1 profit slides on U.S. recall, China-S. Korea conflict

Hyundai posted a 21 percent fall in quarterly net profit, dragged down by a U.S. recall and sales declines in China stemming from political tensions.

Off-lease glut? That ain't the problem

A glut of vehicles is threatening the industry's good times. But contrary to the predictions and pundits, it's not too many used vehicles. It's too many new ones.

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