Kia Motors signs MOU to build third plant in China; 70% increase in capacity and a push to maintain market share
Green Car Congress
NOVEMBER 2, 2011
in 2007 (ranking 18 th in the industry) to 3.0% Its sister company Hyundai Motor Co. has annual capacity in China of 720,000 units—the combined Group expects to reach sales of around 1,150,000 units in 2011, placing it third in the Chinese market behind VW and GM. Its sister company Hyundai Motor Co.
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