• Most Popular
  • Most Shared

Hyundai aims to up unit sales 9 pct in 2009-report

Wed Dec 3, 2008 9:04pm EST

Stocks

   

SEOUL, Dec 4 (Reuters) - Hyundai Motor Co (005380.KS), South Korea's top auto maker, aims to raise its global vehicle sales by 9 percent next year, although recession has hit demand around the world, a local internet news provider said on Thursday.

Stocks  |  Global Markets

Hyundai, the world's No.5 auto maker along with its affiliate Kia Motors Corp (000270.KS), targets sales of 3.05 million vehicles in 2009, compared to an estimated 2.8 million units this year, the EDaily quoted an unnamed company official as saying. (Reporting by Cheon Jong-woo; Editing by Keiron Henderson)



More from Reuters

Photo

Obama blames "systemic failures" in U.S. security

KANEOHE, Hawaii (Reuters) - President Barack Obama Tuesday blamed a combination of "human and systemic failures" for allowing the botched Christmas Day attack aboard a Detroit-bound U.S. airliner, in his first big test on homeland security. | Video

Leaves gather in front of an empty and boarded-up house in Youngstown, Ohio November 21, 2009.    REUTERS/Brian Snyder

Castles built on sand

Rust-belt American cities like Youngstown, Ohio were battered by the downturn. Now they're ready to move on, but it won’t be easy. The first in a three-part report.  Full Article 

REUTERS/James Saft

Welcome to the "Teenies"

Shrinking financial sector? Paltry investment returns? Welcome to the the next decade. Don't worry, there's some good news, too.  Commentary