Hyundai Diminishes, Kia Raises Domestic Sales Target

SEOUL (Reuters): Hyundai Motor Co (005480.KS), South Korea’s crest auto manufacturer stated Sunday it had diminished its local sales target for this year by 6% as high oil and gasoline prices are disturbing badly to the consumer’s demands in Asia’s fourth largest economy. Meanwhile, KIA Motors Corp (000270.KS) and the country’s No.2 car producer alleged Read more