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Kia to build third plant in Yancheng

7 March 2012
South Korea-based Kia Motors’ Chinese joint venture, Dongfeng Yueda Kia, plans to start construction of its third plant in Yancheng ETDZ, Jiangsu province, in the first half of this year. The new facility, which is designed to have an annual output capacity of 300,000 passenger vehicles, is expected to bring the joint venture’s total capacity to some 800,000 units a year and will introduce a new model, the Dianyue.

Dongfeng Yueda Kia sold more than 430,000 passenger vehicles last year and targets sales of 480,000 units in 2012.

     
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