Hyundai, Kia expect 2015's sales to grow


(MENAFN) Hyundai Motor Co. and its corporate cousin Kia Motors Corp. said that they aim to increase sales and market presence in 2015 by adapting to global changes in consumer demand and by launching new cars that can better appeal to people around the world, Yonhap News reported.

The two companies expected overall global car sales to grow 3.9 percent annually to 87.1 million units, up from 80.99 million forecast for 2014.

The two firms, the flagship of Hyundai Motor Group, the world's fifth-largest automotive conglomerate in terms of sales, did not elaborate on their combined target for the New Year other than to say it will mark a growth from 8 million units it will likely sell this year.

The global next year is to better meet consumer expectations in China and Europe and anticipate demand for more crossover SUVs and eco-friendly vehicles.


MENAFN

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