Hyundai Motor chairman worried about U.S. sales

Wed Apr 2, 2008 9:44pm EDT
 
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SEOUL, April 3 (Reuters) - The chairman of Hyundai Motor Co. (005380.KS: Quote, Profile, Research, Stock Buzz) is was worried over demand in the United States which has been falling due to higher fuel prices, the top South Korean auto maker said on Thursday.

"Demand in the United States has fallen considerably due to sharp rises in fuel prices," a company statement quoted Chung Mong-koo as saying after a meeting with dealers of its vehicles operating in the United States. (Reporting by Yoo Choonsik; Editing by Keiron Henderson)

 

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