South Korean auto maker Ssangyong Motor Co. Ltd. says it has posted its first profit in 10 years. The auto maker reports earnings of 15.2 billion won ($11.53 million) last year, recovering from a 972.3 billion won ($206,170) net loss in 2000. And Ssangyong says it sees sales rising 30% this year to 3 trillion won ($2.3 billion). This small auto maker, which builds vans and a Mercedes-like sedan, says the turnaround was fueled by government tax breaks and relatively cheaper diesel fuel. ...
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