Hyundai, Kia report 2019 global sales of 7.2 mln vehicles; miss target

FILE PHOTO: The logo of Hyundai Motor is pictured at the second media day for the Shanghai auto show in Shanghai, China April 17, 2019. REUTERS/Aly Song/File Photo

SEOUL (Reuters) – South Korea’s Hyundai Motor Co (005380.KS) and affiliate Kia Motors (000270.KS) said on Thursday their combined 2019 global sales were 7.19 million vehicles, short of their target of 7.6 million vehicles.

The South Korean duo announced a combined 2020 sales target of 7.54 million vehicles.

Reporting by Joyce Lee and Hyunjoo Jin; Editing by Himani Sarkar and Christian Schmollinger

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