SEOUL Jan 2 Shares of Hyundai Motor Co
and its affiliate Kia Motors Corp both
fell nearly 4 percent on Thursday, after the South Korean
automakers said they expect annual vehicle sales to grow at the
slowest pace since 2003.
Hyundai and Kia, together ranked fifth in global car sales,
aim to boost global sales by 4 percent this year to a combined
7.86 million vehicles, the pair said in regulatory filings on
Shares of Hyundai Motor traded at 229,500 Korean won
($220)each, down 3.6 percent, while Kia Motors stocks had fallen
3.9 percent to 53,900 won as of 0218 GMT.
($1 = 1055.3500 Korean won)
(Reporting by Hyunjoo Jin and Joyce Lee; Editing by Kenneth