Sunday, January 27th, 2008
Hyundai Mobis aims 23 pct growth in overseas sales
SEOUL, Jan 11 (Reuters) - South Korea’s Hyundai Mobis Co
(012330.KS: Quote, Profile, Research), Hyundai Motor Co’s auto parts affiliate, said on
Friday it was targeting a 23 percent jump in overseas sales this
year, helped by output from its new factories in China and India.
Hyundai Mobis said in a filing to the Korea Exchange that it
aimed to post $6.4 billion in sales abroad this year, compared to
$5.2 billion in 2007.
The company also said it planned to increase its local sales
to 9.24 trillion won ($9.86 billion) in 2008, 7.3 percent higher
than 8.61 trillion won last year.
($1=937.3 Won)
(Reporting by Cheon Jong-woo; Editing by Keiron Henderson)






