Hyundai Motor president Park Hwang-ho said on Thursday the company expected a 10% rise or more in exports for 2004 and planned to launch two or three new models next year, Reuters reported.

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Park made the comments to a group of local reporters, a Hyundai Motor spokesman confirmed to the news agency, which added that Hyundai also forecast about 1.1 million units would be exported overseas, including to the key US market, this year.

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