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HYUNDAI MOTOR DOWNGRADES ANNUAL SALES TARGET IN CHINA.

AsiaPulse News

| September 03, 2007 | COPYRIGHT 2007 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

SEOUL, Sept. 3 Asia Pulse - Hyundai Motor Co. (KSE:005380), South Korea's largest automaker, said Monday that it has revised downwards its annual sales target in China for this year amid intensifying competition and other tough market conditions.

Hyundai Motor's China venture, Beijing Hyundai Motor Co., scaled down its annual sales target from 320,000 units to 260,000, the company said. It is first such move since the Chinese business was ...

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Source: HighBeam Research, HYUNDAI MOTOR DOWNGRADES ANNUAL SALES TARGET IN CHINA.

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