News Headline Summary

Hyundai (005380 KS) and Kia (000270) forecast their weakest sales growth in seven years as a slowing global economy and strengthening KRW saps demand

Update details:

- The companies plan combined sales to rise 4.1% to 7.41mln cars in 2013. That's the lowest growth since 2006, when deliveries shrank 1.2%.

Reaction details:

- Hyundai shares fall by 2.8% after opening in Seoul.

Print 23:30, 02 Jan 2013 - Asian News - Source: Newswires