Chung Mong Koo, chairman of Hyundai  and Kia, after the carmakers forecast their weakest sales growth in nine years. Photograph: Seong Joon Cho/Bloomberg

Hyundai and Kia, South Korea’s largest carmakers, forecast their weakest sales growth in nine years as they run out of capacity to increase output and(...)

 Chung Mong Koo, chairman and chief executive officer of Hyundai  and Kia,  arrives for a new year company meeting in Seoul, South Korea, yesterday.  Photographer: SeongJoon Cho/Bloomberg

The man who led South Korea’s motor industry growth through the last decade says Hyundai and Kia Motors expect what will be their lowest annual sales (...)