Kia Breaks Ground On Third China Plant
The plant, which will boast an annual capacity of 300,000 vehicles when completed in the first half of 2014, is an aggressive move by Kia to further strengthen its presence in China, which has become the world's largest automotive market. Combined with the current annual capacity from its two existing plants in the Yancheng Economic Development Zone, which have annual capacities of 130,000 and 300,000 units, Kia will be able to produce a total of 730,000 vehicles locally in China.
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Michael ChooGM-International PRKorea, Republicmjc@kia.com+82-2-3464-5663