HYUNDAI TO TARGET BOOMING CHINESE PROVINCIAL MARKETS
October 1st, 2010
BY MARK GODFREY
THE CEO of a Hyundai-Beijing Auto joint venture has told wardsauto that while three out of 10 cars sold globally will be sold in China by 2015, sales will be dominated by car-markers who get key emerging trends in the country's provincial markets right. Speaking in the Chinese capital, Jae-Man Noh the CEO of the Beijing-Hyundai Motor Company said while sales figures are soaring, margins are tightening and sales are starting to shift to China's western regions and to smaller cities. By contrast sales in Beijing, which contributed 7% of national ...
Full access to this article can be arranged with permission from the client that first ordered it. Please contact us to request access. Entries are uploaded to our archive at least one year after being published by a client – free access is restricted to International News Services journalists for background research only. The article date indicates when copy was filed to a client, not when posted to this archive. Upon client requests, International News Services will remove such articles from the archive or not upload them in the first place. They are included to demonstrate the breadth of topics undertaken by the agency and also to help promote clients’ coverage.