Hyundai Motor and affiliate Kia Motors, South Korea's largest carmakers, plan to increase global sales by 4.1 per cent this year, as international and domestic markets struggle with a slowing economy.
The carmakers were targeting combined sales of 7.41 million vehicles, Chung Mong-koo, the chairman of the companies, told employees yesterday.
Hyundai and Kia sold an estimated 7.12 million units last year, compared with a target of seven million, Chung said.
via Business feed http://www.scmp.com/business/companies/article/1118447/hyundai-and-kia-target-41pc-rise-global-sales
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