Second Chinese factory for Kia

South Korean automobile manufacturer Kia has opened its second vehicle plant in China.

The firm hopes that the facility will help it surpass its plans to increase overseas productivity to more than one million units per year by 2009.

Mong-Koo Chung, Kia Motors chairman and chief executive officer, commented on the importance of the opening.

He said: "[It] signifies a very important milestone in the evolution of the Kia brand in the increasingly competitive Chinese market."

The official added that the $800 million (£400 million) factory is indicative of the company’s plans to be "among the top makers in China market by the end of the decade".

Kia Motors is part of the Hyundai Kia Automotive Group and is the second-largest South Korean automaker.

Among its model line-up are the Avella, Pride and Concord vehicles, as well as the popular Cee’d car.


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