SEOUL: Hyundai Motor Co, South Korea's largest motor vehicle maker, targets an 18% increase in group sales to 100 trillion won (US$99bil) this year, as it invests in new factories in the United States and China.
The group, which includes affiliate Kia Motors Corp, expects sales to accelerate from growth of 13% last year. Unit sales might rise 16% to 4.12 million vehicles, Seoul-based Hyundai said in a statement yesterday.
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