Kia Motors says expects to beat 2012 sales target

Newswire

SEOUL, April 27 (Reuters) - South Korean carmaker Kia Motors said on Friday that it expected to exceed this year's sales target of 2.71 million vehicles, after posting better-than-expected sales in the first quarter driven by the United States, Europe and China. Joo Woo-jeong, head of Kia's Financial Management Group, also told analysts that it expected to launch the K3 - a fully revamped version of its popular compact Forte - around September. Kia, an affiliate of Hyundai Motor, said its ...

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