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Industry: Email Alert RSS FeedKia to boost exports to Europe; Korean carmaker aims to grow 50 percent in Europe in '04 and '05.(News)(Kia Motors Corp.)(Brief Article)
Automotive News Europe, December, 2003 by Meiners, Jens
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Byline: Jens Meiners
Kia is pushing exports to Europe with a number of new models during the next year.
By the end of 2003, Kia will have sold 126,000 to 130,000 vehicles in Europe - a surge of roughly 50 percent over 2002. The Hyundai subsidiary wants to grow by another 50 percent in both 2004 and 2005.
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If it does so, Kia's sales in Europe would narrow the gap with North America, where sales of 207,000 are projected for 2004. Woo Sang Kyoon, deputy general manager of Kia's export support team, expects sales of 297,000 units in North America next year, led by the premium ...
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