KIA new plan: China Development in 2009, production of small SUV

Keywords: Kia Motors SUV

The world brand laboratory (brand.) Reports:

Korea Kia Motors Corporation (Kia Motors Corp., 000270.SE) Monday said that the possible development of a multi-purpose sports utility vehicle (SUV), starting in 2009 China factory production. KIA automobile spokesman said the company is considering from 2009 onwards in China's second factory production in a mixed-type multi-purpose vehicle (CUV), but the model has not yet been determined. Kia Motors plans to adopt the "AM", in 2009 the new Tim a models, expansion of its Chinese factories existing 5 cars product line. Hyundai Motor Company (Hyundai Motor Co.) Holders of Kia cars 38.6% of the shares. KIA automobile in China's existing models include: the annual production capacity of 130 000 car factory production of small cars Plater (Pride), midsize sedan yuanjian (Optima), small SUV Lion run (Sportage), van Ka Wah (Carnival), and another with an annual capacity of 30 million car factory production of cerato type-(Cerato). Kia Motors plans 2010 China market, sales reached 44 million, and the expected under China, Slovakia and the United States industrial plants production will reach 103 million.