The logo of Hyundai Motor is seen on a wheel of a car at a Hyundai dealership in Seoul
The logo of Hyundai Motor is seen on a wheel of a car at a Hyundai dealership in Seoul February 1, 2012. All five South Korean car makers except Ssangyong Motor posted double-digit falls in domestic sales last month, citing the Lunar New Year holiday, which fell in February last year. Car sales are expected to dip this year due to South Korea's slowing economy and competition could heat up as its free trade deal with the United States takes effect early this year. Hyundai Motor Co's domestic sales fell 18.5 percent, while brisk overseas sales helped eke out a 3.5 percent rise globally. REUTERS/Kim Hong-Ji (SOUTH KOREA - Tags: TRANSPORT BUSINESS)