Friday, April 29th, 2011Ray Wert4/29/11 9:00amFiled to: Morning ShiftThe Morning ShiftTmsTop541EditPromoteShare to KinjaToggle Conversation toolsGo to permalinkThis is the Morning Shift, our one-stop daily roundup of all the auto news that's actually important — all in one place at 9:00 AM. Or, you could spend all day waiting for other sites to parse it out to you one story at a time. Isn't your time more important?1st Gear: Hyundai, South Korea's largest carmaker, boosted quarterly profit 46% as it won sales from Japanese rivals, outpacing Honda, whose production was cut by last month's devastating earthquake in Japan, for the first time. More importantly, Hyundai boosted vehicle sales in the January-March period to 919,000, outselling Honda, whose global deliveries fell 1.6 percent to 860,000, according to the companies. A year earlier, Honda outsold Hyundai 874,000 to 842,000. And I thought 'mericans already had enough of a problem distinguishing between the two similar-sounding brands. Toyota, they're a-comin' for ya!2nd Gear: Rumors of the front-wheel-drive (and possibly all-wheel drive) BMW Z2 roadster appear to be strengthening. Here's the details we have so far: We're told now that the Z2 is expected to effectively be a reinvention of the Z3 Roadster. Supposedly lighter, smaller and less expensive than the Z4, it's expected to be based on the UKL platform that will underpin everything from the next generation MINIs to other front-wheel-drive BMWs. Powertrain options will include a two-liter four-cylinder engine with an output of 163-272 HP. We're also told it could come as early as 2014.3rd Gear: The Saab story continues as Spyker Cars says this morning that the Saab brand will miss this year's sales target of 80,000 cars because of a production halt amid a pay dispute with suppliers. Spyker reported a first-quarter net loss of 79.4 million euros ($118 million) compared with profit of 6.96 million euros a year earlier.4th Gear: But speaking of targets not being met, one company that is on target is the Chinese automaker BYD. Build Your Dreams has started testing its F3DM hybrid vehicle in the U.S., according to a an e-mailed statement received today by Bloomberg. That puts BYD right on track for its plans to sell F3DM in the U.S. by the first quarter of 2013 — a goal it set forth in January. We've already driven it, for what it's worth.ShareTweet Kinja is in read-only mode. We are working to restore service.