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Hyundai and Kia forecasting slowest sales growth in 10 years

Kia plans to begin production at its Mexico plant in 2016 to help boost sales in the region.


HYUNDAI Motor Co and Kia Motors Corp, South Korea's largest carmakers, are forecasting their weakest sales increase in a decade as a slump in demand in China and a stronger won cut their profit.

The companies' combined deliveries will rise to 8.13 million vehicles in 2016