Hyundai cuts prices on SUVs to counter China slowdown
August 04, 2015 at 03:00 AM EDT
BEIJING (Reuters) - South Korea's Hyundai Motor Co cut the price of two sport-utility vehicle (SUV) models in China by as much as 11.8 percent, the company said on Tuesday, the latest carmaker to do so as a sales slowdown grips the world's largest auto market.