Hyundai, Kia expecting slowest growth in seven years

Korean sister brands Hyundai and Kia are predicting a slowing of sales growth for 2013, on par with figures from 2006. Bloomberg reports that Chung Mong Koo, chairman for both Hyundai and Kia, told employees at a new year address in Seoul that the combined sales for the two companies is forecast to rise 4.1 per cent to 7.41 million cars in 2013 in what will be the smallest growth