Kia to export 80% cars from recently completed Mexican plant
Kia has said that 60% of the vehicles produced at its recently completed plant in Mexico will be for export to the US with the remaining 40% divided between Mexico and markets in Latin America.
The Korean carmaker said last week that it had completed construction on the $3 billion plant in Pesqueria, in the state of Nuevo León, just 13 months after breaking ground at the site in October 2014.
In total, the company is investing $1 billion in the project. Suppliers are expected to provide an additional $1.5 billion, with 50% of parts and components sourced locally.
Submitted by Admin on Thu, 11/26/2015 - 09:58