Hyundai Motor Co, South Korea's largest carmaker, said that it is targeting to sell 700,000 vehicles in the domestic market in 2012, up by 2.4% YoY from 2011. Hyundai Motor, which sold 683,570 units locally in 2011, said that competition in the domestic market is expected to be fierce this year and a free trade deal with the US, expected to go into effect in the next few months, could make foreign made cars…