INTERVIEW-UPDATE 1-Oct industry auto sales down 30 pct-Hyundai

Newswire

(Adds monthly sales reporting date, more quotes, byline) By Soyoung Kim DETROIT, Oct 29 (Reuters) - Hyundai Motor Co expects industry-wide U.S. auto sales in October to be down in the 30 percent range from a year ago amid a "crisis in consumer confidence" prompted by the global economic downturn and credit market turmoil, its U.S. sales chief said on Wednesday. "I think the primary driver for continued sales deterioration right now is the crisis in consumer confidence," David ...

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