Hyundai India targets 10 pct sales growth in 02/03

Newswire

By Suresh Seshadri MADRAS, India, June 26 (Reuters) - A Hyundai Motor Co subsidiary said on Wednesday it aims to keep posting double-digit sales growth in India, where the South Korean automaker is already the No 2 selling brand. "Sales by volume should grow by about 10 percent this year," B.V.R. Subbu, the president of Hyundai Motor India Ltd, told Reuters. That could prove an ambitious target in the slowdown struck Indian new car market. Overall new car sales dropped 9.7 percent in ...

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