US car sales get boost
Financial Express Chandigarh|January 04, 2025
SOUTH KOREA'S HYUNDAI Motor Co and affiliate Kia Corp aim to grow their combined global sales by 2% to 7.39 million vehicles in 2025, after reporting a dip in 2024 sales and missing their targets.
BLOOMBERG

The automakers, which together rank third in global vehicle sales, sold 7.23 million vehicles in 2024, slipping 1% from 2023 as solid US sales were offset by sluggish demand in Europe and their home market.

The two carmakers are bracing for the slowing economy and political uncertainties in the United States and South Korea that threaten to dampen demand.

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