Hyundai Motor and affiliate Kia Motors stated on Tuesday they sold 7.25 million vehicles in 2017, still far behind their target of 8.25 million vehicles. Hyundai has shipped 4.5 million vehicles, compared to its target of 5.08 million. Kia Motors sold 2.75 million vehicles, still far from the goal of 3.17 million.
South Korea’s Hyundai Motor and Kia Motors on Monday stated “weaker sales in China” most likely dragged down overseas sales in March, following a diplomatic row over a missile system caused an increase in anti-Korean sentiment. At Kia Motors, China sales most likely cut in half from the year prior because of political tension and