Hyundai Targets 14 Pct Rise in 2005 Sales
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South Korea's Hyundai Motor Co. raised on Friday its 2005 sales target by 14 percent to 2.58 million vehicles, targeting overseas markets as part of its ambition to become one of the world's top five auto makers.
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Hyundai Motor Co., South Korea's largest automaker, said Friday its net profit rose 2 percent last year on a 10 percent increase in sales.
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Hyundai Motor Co (005380.KS), South  Korea's top auto maker, said on Thursday its quarterly  operating profit more than doubled, fuelled by higher sales and  a softer won.
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Post-holiday discounts and shoppers  redeeming gift cards helped boost retail sales 14 percent for  the last full week of December, according to data released on  Wednesday.
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Hyundai Motor Co., South Korea's top auto  maker, posted a 37 percent fall in quarterly profit on Monday,  pressured by weaker domestic sales, a strong won currency and  high raw material costs.
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Hyundai Motor Co , South Korea's biggest automaker, expects to benefit from the precarious state of the U.S. economy as more consumers look for value propositions in their car purchase decisions, an executive with Hyundai's North American arm said on Monday.
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Japan's Mazda Motor Corp. 7261.T said  on Sunday it expected its U.S. sales to grow again in 2005 on  increased brand awareness and a stronger dealer base despite  stagnant growth overall in the world's biggest car market.
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Hyundai Motor Co (005380.KS), South  Korea's top auto maker, posted a better-than-expected 45  percent rise in quarterly profit Thursday, helped by higher  productivity due to better union relations and improved  domestic sales.
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The rollout of the redesigned Hyundai Sonata is a sign of how much more cutthroat the U.S. auto market could become, with most experts convinced that China will soon follow South Korea with inexpensive products of its own.
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Japanese auto maker Mazda Motor Corp. posted a 53 percent jump in half-year operating profit and raised its full-year forecasts to what would be a record as sales of the Mazda3 and other cars soared in Europe.
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A month-end sales blitz of incentives by General Motors Corp.  and Ford Motor Co.  to clear out older vehicles will spur a slight rise in U.S. car and truck sales for September, analysts said.
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DaimlerChrysler AG  on Thursday said its U.S. sales rose 3 percent to 173,377 vehicles in January, from the same period a year earlier.
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Ford Motor Co.  said on Thursday its China retail vehicle sales rose 25 percent year-on-year in the first half to 93,206 units.
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Market research firm IDC has raised  its 2004 forecast for global personal computer sales growth to  14.2 percent from 13.5 percent, driven by high commercial  demand, it said on Monday.
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South Korean car maker Hyundai is to build a second plant in India, in an effort to increase sales in a rapidly-growing market.
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GM Europe , increased vehicle  sales by 5.3 percent to a record 1,127,871 units in the first  half as a surge in demand for its Korean-built Chevrolet brand  cars compensated for a hefty decline in Saab sales.
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Ford Motor Co. said on Tuesday  that retail sales of its vehicles rose 6 percent in September,  while sales to commercial fleets rose 4 percent.