Hyundai, Kia expect auto sales jump in 2022 amid chip shortage

SEOUL, Jan 3 (Reuters) – South Korea’s Hyundai Motor Co (005380.KS) and affiliate Kia Corp (000270.KS) on Monday forecast that their combined global sales will jump 12.1% in 2022, even as last year’s sales fell short of target due to a global chip shortage.

Read more at https://www.reuters.com/business/autos-transportation/hyundai-motor-targets-2022-global-sales-432-mln-vehicles-2022-01-03/