South
Korea's top carmaker, Hyundai
Motor Co., and its smaller affiliate Kia
Motors Corp. are aiming to sell 8.2 million units globally next year, about 1.5
percent higher than their global sales this year, industry sources said
Wednesday.
Although
the final decision on these figures is yet to be made, Hyundai's and Kia's sales targets for overseas
markets are likely to stand at 3.18 million units and 1.44 million units, while
those for the home turf may come to 1.87 million and 1.71 million,
respectively, according to industry sources.
"The
sales objective for the new year is still undergoing changes," a Hyundai official said.
"Exact figures will be announced (Friday)."
For the
whole of 2014, combined sales of the two automakers are forecast to top the
8-million mark for the first time, having pushed up their performance by 1.78
percent from their original goal of 7.86 million units.
The
carmakers, however, forecast that the coming year may be clouded by unfavorable
market conditions, including the persistent weakening of the Japanese yen, as
well as an overall slowdown in recovery for the global economy.
With
these circumstances in mind, the two affiliates said they are looking to step
up their game by meeting consumer expectations in China and Europe, and
anticipate demand for more crossover sport utility vehicles and eco-friendly
cars.
Earlier
this month, Hyundai and Kia had predicted overall global
car sales would rise 3.9 percent on-year to 87.1 million units, up from the
80.99 million forecast for 2014.
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