Hyundai aims to sell 1.32m vehicles in China in 2012 [cardvd-player.net]

The ongoing Expo 2012 in Yeosu, Korea offers a window to Korean automobile manufacturer Hyundai Motor Group’s future projects. Among the 51 models it exposed to the show, Hyundai displayed the brand new Tucson ix hydrogen fuel cell electric, Kia Ray electric vehicle and the Blue City compressed gas hybrid bus.In the little over 40 year history, Hyundai makes significant strides in Western markets and brought Korea for the forefront of the global automobile industry. Based on a Nanfang Daily report appearing earlier recently, Hyundai sold an overall total of 6.6 000 0000 vehicles not too long ago, ranking fifth one of the world’s best selling manufacturers. Its sales target due to this year is set a lofty seven million vehicles.The Chinese market may play a far more important role for Hyundai this season, which consists of 2012 sales goal set at 1.32 million vehicles. The anticipated sales amount could be the third highest a distant manufacturer has set for the country, only behind GM and VW. In addition , it signifies that China can become Hyundai’s largest market after The united states.Hyundai’s research and development department has recently opened a branch in China, that will get in touch with its headquarters near Seoul and other centers in Japan, the usa, Europe and India. The global reach of its R&D team can play a key role in aiding the software creator achieve its sales goals due to this year.

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