In South Korea, meanwhile, Hyundai Motor Co. and Kia Motors Corp. cut their joint 2008 sales forecast by 12.5% Monday and said they would freeze pay for managers amid slumping vehicle demand.

与此同时，韩国现代汽车(Hyundai Motor Co。)和起亚汽车(Kia Motors Corp。)周一将2008年联合销售预期下调12.5%，并表示由于汽车需求下滑，它们将冻结管理人士薪酬。

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Earlier this month, a top marketing executive from the U.S. division of Kia Motors Corp.

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