Kia Motors CFO says has no plan to build new plants for now

Newswire

SEOUL, April 26 (Reuters) - Kia Motors Corp's Chief Financial Officer reiterated on Friday that the South Korean automaker has no plan to construct new plants in the near term, though it has been "studying" the possibility of expanding capacity. "We feel the need (for more capacity) ... But we have no plan to expand production capacity for now," Park Han-woo said during an earnings conference. "Instead, we will focus more on quality and consumer satisfaction," ...

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