SEOUL/SHANGHAI -- "We'll give you an additional discount of 7,000 yuan ($1,035) on top of the 20,000 yuan," salesman Zhao Wenxi told a potential customer in mid-July at a Shanghai dealership of South Korea's Hyundai Motor.
Company in focus
Hyundai Motor confronts twin crises in China, US
South Korea's leading automaker suffers from falling overseas sales, muddled strategy