Saturday, May 1, 2010

Hyundai and Kia aiming to bump up sales in China by almost a quarter this year

Hyundai and Kia aiming to bump up sales in China by almost a  quarter this yearSouth Korean car manufacturer, Hyundai Motor Co. and Kia Motors Corp., the target of 25% sales growth in China this year. Chung Mong Koo, chairman of the Automotive Group (fifth largest producer of cars), last Thursday, spoke of the rapid growth and improve the quality of local Chinese brands.

He said that Hyundai and Kia recognition premium destination in China. Since Chung inspected the plant Kia Motors Yancheng, Ziangsu said that China, the world's largest car market as soon as the "battlefield" where the future of Hyundai, Kia and decided.