Kia Motors will build a new factory in China the following day. Zheng Dayu, general manager of Dongfeng Yueda Kia, disclosed that Dongfang Yueda Kia shareholders have recently reached an agreement to start construction of a new factory in February next year. He said that the location of the new factory is still uncertain, including Yancheng, Jiangyin and Zhangjiagang. The new plant will have an annual output of 200,000 vehicles.
Kia Motors opens new plant in China next year
Kia Motors will build a new factory in China the following day. Zheng Dayu, general manager of Dongfeng Yueda Kia, disclosed that Dongfang Yueda Kia shareholders have recently reached an agreement to start construction of a new factory in February next year. He said that the location of the new factory is still uncertain, including Yancheng, Jiangyin and Zhangjiagang. The new plant will have an annual output of 200,000 vehicles.