Cerato among Kia imports hit with 30% tariff hike last year.
Kia reportedly will build a plant in Brazil to circumvent the high import tariff that halved its sales in the country in 2012. A press release by Grupo Gandini, the sole importer of Kia vehicles in Brazil, says a production facility will be built, with financing details still being worked out. The release says the plant could be financed entirely by Kia, by Kia in partnership with Grupo Gandini or by Grupo Gandini alone. Asked by WardsAuto whether the Korean auto maker has discussed ...
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