SEOUL, Jan. 2 (Yonhap) -- Hyundai Motor Group has set its sales target at 8.25 million cars this year, the group chairman said Monday.
The annual target marks a 1.5 percent increase from the 2016 target of 8.13 million.
South Korea's largest automotive group has yet to release its actual sales for 2016, but is widely expected to have failed to reach the target.
The new sales target for 2017 was revealed in a message from Chairman Chung Mong-koo.
The group is the world's fifth-largest automakers by sales, and has the country's two leading automakers -- Hyundai Motor Co. and Kia Motors Corp. -- under its wing.