UPDATE 1-Hyundai targets annual new model sales above 300,000

Newswire

(Adds details, shares) SEOUL, Aug 31 (Reuters) - Hyundai Motor Co. said on Tuesday it expected annual sales of its new Sonata model, a flagship sedan for South Korea's top auto maker, to be above 300,000. The firm unveiled the target in a statement released at a ceremony to showcase the new sedan, which analysts believe can help Hyundai move nearer its target of becoming one of the world's top five car makers by 2010. The potential significance of the NF Sonata has been likened to that ...

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