Hyundai Motor revealed ambitious growth targets during its annual shareholder meeting Thursday. The automaker aims to sell 500,000 vehicles in China this year while introducing three dozen new models across North America by decade's end.
South Korean automaker Hyundai Motor unveiled aggressive expansion goals Thursday, announcing plans to introduce three dozen new vehicle models throughout North America before 2030 concludes.
The company’s CEO Jose Munoz shared these ambitious targets with shareholders during Hyundai’s yearly investor meeting held in Seoul on March 26th.
Along with the North American model rollout, Hyundai has set a goal of achieving 500,000 vehicle sales within the Chinese market during the current year.
The announcements signal Hyundai’s commitment to strengthening its presence in two of the world’s largest automotive markets as the industry continues evolving toward electric and hybrid technologies.
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