REFILE-WRAPUP 3-S.Korean auto makers take credit crisis action

Fri Jan 9, 2009 2:01pm GMT
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(Corrects to fix typographical error in 3rd paragraph)

* S.Korea's Ssangyong files for bankruptcy protection

* Hyundai to cut Q1 domestic output by 25-30 pct

* Ford CEO sees no full recovery in U.S. until 2010

* Renault 2008 unit sales down 4.2 pct

* BMW sales dip 4.3 pct in yr; GM Europe sales fall 6.5 pct (Adds detail on VW China, GM Europe, Renault)

By Hugh Lawson and Jongwoo Cheon

TOKYO/SEOUL, Jan 9 (Reuters) - Two South Korean auto makers on Friday joined the industry line up of companies suffering in the global financial crisis, with Hyundai Motor Co (005380.KS: Quote, Profile, Research) slashing output and Ssangyong (003620.KS: Quote, Profile, Research) filing for bankruptcy protection.  Continued...

 
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