Kia JV’s third plant will build China-specific vehicles.
Kia and its Dongfeng Yueda Kia joint venture breaks ground on a new vehicle-assembly plant in China’s Jiangsu province. The facility, which will house a technology research center and has a 1.2-mile (1.96-km) test track, will be operational in second-half 2014. A Kia spokesman says it will manufacture China-specific vehicles. Annual capacity at the plant in the Yancheng Economic Development Zone is 300,000 vehicles, but it is designed to expand to 400,000 units. Kia already ...
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