SEOUL, South Korea - Hyundai Motor Co. and Kia Motors Corp. cut their joint 2008 sales forecast 12.5 percent yesterday and said they would freeze pay for managers amid slumping vehicle demand worldwide.
SEOUL, South Korea - Hyundai Motor Co. and Kia Motors Corp. cut their joint 2008 sales forecast 12.5 percent yesterday and said they would freeze pay for managers amid slumping vehicle demand worldwide.