Hyundai-Kia Forecast Smallest Growth in Car Sales in Seven Years

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Chung Mong Koo, chairman of Hyundai Motor Co. and Kia Motors Corp.,... News PhotoAsia,Automobile Industry,Business,Chairperson,Chief Executive Officer,East Asia,Economy,Horizontal,Hyundai,Industry,Land Vehicle,Manufacturing,Meeting,New,Seoul,South Korea,Talking,Transportation,Vehicle Brand NamesPhotographer Collection: Bloomberg 2012 BloombergChung Mong Koo, chairman of Hyundai Motor Co. and Kia Motors Corp., speaks during a new year company meeting in Seoul, South Korea, on Wednesday, Jan. 2, 2013. Hyundai Motor and smaller affiliate Kia Motors, South Korea’s two largest automakers, forecast their slowest sales growth in seven years as a slowing global economy and strengthening won saps demand. Photographer: SeongJoon Cho/Bloomberg via Getty Images