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Hyundai Motor, Kia Motor see 2025 sales inch up after missing 2024 targets

2 days ago

Less than a minute

2025.01.03 02:35

© Reuters. The Logo of Hyundai Motor India Limited is seen on a parked car in the company's stockyard, in the outskirts of Ahmedabad, India, October 8, 2024. REUTERS/Amit Dave

SEOUL (Reuters) – South Korea’s Hyundai Motor (OTC:) Co and affiliate Kia Corp aim to grow their combined global sales by 2% in 2025, after reporting falls in 2024 sales and missing their targets.

The automakers, which together rank third in global vehicle sales, sold 7.23 million vehicles in 2024, slipping from 2023 and falling short of their targets, as solid U.S. sales were offset by sluggish demand in Europe and its home market.

2 days ago

Less than a minute

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