7th Jan 2012
Hyundai Motor and its affiliate, Kia Motors – South Korea’s largest automaker – this year its global sales target of 7 million units, up 6.1 percent compared to last year. Thus expressed by Chung Mong Koo, chairman of both companies that provides direction to employees in Seoul and was quoted by Bloomberg today.
According to Chung, last year the company sold 6.6 million units of cars or previously created target through 6.33 million units. Hyundai and Kia’s sales grew rapidly in many countries because of its rival from Japan face various problems among others, the yen continued to strengthen, earthquake and tsunami disaster in Japan in March last year and last, is exacerbating flooding Thailand.
