UPDATE 1-Hyundai, Kia shares fall after raid by prosecutors

Newswire

(Adds analysts comment, updates shares) SEOUL, March 27 (Reuters) - Shares of South Korean car companies Hyundai Motor Co. and affiliate Kia Motors Corp. fell on Monday after prosecutors raided their offices in a probe that local media tied to lobbying. Shares in other units of the Hyundai Automotive Group, including auto parts maker Hyundai Autonet and car shipper Glovis Co. Ltd. , also tumbled after a company official confirmed prosecutors searched their offices on Sunday. ...

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