South Korea’s Hyundai target 2019 global sales of 4.7 million vehicles

Employees of Hyundai Motor Group attend the company’s new year ceremony in Seoul, South Korea, January 2, 2019. REUTERS/Kim Hong-Ji

SEOUL (Reuters) – South Korea’s Hyundai Motor Co (005380.KS) on Wednesday announced their combined 2019 global sales target at 4.68 million vehicles.

Hyundai had also set a combined sales goal of 4.68 million vehicles for 2018. The automaker is set to disclose 2018 sales later on Wednesday.

Euisun Chung – heir apparent to Hyundai Motor Group, which also runs Kia Motors Corp (000270.KS) – said the South Korean automakers would launch 13 new models this year.

Reporting by Hyunjoo Jin and Ju-min Park; Editing by Christopher Cushing and Jonathan Oatis

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