Hyundai Motor Co after boosting U.S. sales of its cars and trucks 75 percent since 2008, expects its slowest annual growth in the market in five years as the South Korean company bumps up against limits in plant capacity.
Deliveries of Hyundai vehicles should rise 4.4 percent to 734,000 this year, John Krafcik, chief executive officer of the Seoul-based automaker’s U.S. sales unit, said in an interview last week. The increase of about 31,000 units from 2012 will result from improved efficiency at Hyundai’s Montgomery, Alabama, factory, he said.
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