The goal of Kia is to sell 70,000 K5s in South Korea (LEAD)

SEOUL, Dec. 12 (Yonhap)— Kia Motors Corp., the second-biggest carmaker in South Korea, said Thursday it will sell 70,000 units of the all-new K5 on the domestic market next year.

Kia's K5 mid-size sedan went on sale on Thursday after receiving 16,000 unit preorders through Wednesday in the past month, the company said in a statement.

"Sedan model sales have been declining due to increased demand for sport uti....