Beijing Hyundai Motor Co. Ltd. expects a 50% gain this year on the 301,073 vehicles it sold in China in 2008, marking the third time it has hiked its 2009 forecast. “There are very good things happening with Beijing Hyundai, and (our) performance keeps pushing the forecasts higher,” a company spokesman tells Ward’s. This time, the auto maker is increasing its target sales 12.5%, from 400,000 to 450,000 vehicles. BHMC President Noh Jae Man told reporters at the Shanghai auto show in ...
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