Kia Motors Announces Plans
NEWS ON RADIO
Kia's 2004 Mojave Concept Car
with Next Car,
13th March, 2006
Kia Motors Corporation (KMC) today announced plans to construct a $1.2 billion (USD) automotive assembly and manufacturing plant in West Point, Troup County, Georgia, USA, at a ceremony attended by KMC President and CEO Euisun Chung and Gov. Sonny Perdue in Seoul. The facility will be Kia’s first manufacturing plant in the U.S and will begin production in 2009.
The manufacturing facility is expected to produce 300,000 vehicles per year at maximum capacity and will be built on 2,200 acres.
The plant will employ approximately 2,500 local workers, while 5-6 suppliers are expected to set up operations in Troup County and the surrounding areas, thereby resulting in the provision of an additional 2,000 jobs.
“Kia Motors has entered an aggressive growth phase in the U.S and the decision by KMC to build a manufacturing facility in West Point, Troup County, Georgia is the latest example of the company’s commitment to the marketplace,” said Euisun Chung, President and CEO, Kia Motors Corporation. “Kia has made tremendous investments in design and engineering to better meet the needs and desires of American consumers, and this new plant will produce high quality, well-styled vehicles with the safety features and affordability that customers expect from Kia.”
Construction is currently underway on an $87 million U.S corporate campus in Irvine, California that is expected to open in December 2006, and will include a 6,039 square-metre (65,000 square-foot) design centre. In total, Kia Motors has invested more than $300 million in the United States over the last four years, including a state-of-the-art research and development centre in Ann Arbor, Mich.; a custom-built vehicle proving grounds in Mojave, California; and the largest automotive design studio in California, which is shared with Hyundai Motor America.
Since coming to market in the United States, Kia has expanded to a full product line of vehicles and enjoyed 12 years of consecutive sales records, including 275,871 vehicles in 2005. Most recently, Kia Motors America (KMA) posted record sales for the month of February 2006, and is 3.2-percent ahead of its record setting 2005 sales pace.
Kia expects its North American sales (US and Canada) to climb by 15% to 350,000 units in 2006, and further grow to 800,000 units by 2010.
There is no announcement, as yet, which indicates what Kia product/s will be manufactured at the new plant. Presumably, it will be a production version of a recent concept car (two recent concepts are shown on this page). Or, perhaps, it will be the production version of a concept car which will appear this year, or even next year!
Evo IX Finishes Debut Rally, But Misses Podium
New Ford Courier Debuts in Thailand
Mitsubishi Colt Gets New Engine and More
Renault at the 2006 Geneva Motor Show
Pirtek Backs Ford In Rally Championship
Audi Names Driver Teams for Le Mans
Precious Metal - The Peugeot 407 Coupe
Ford Announces New Racing Manager
GM to Sell 17.4% Equity Stake in Suzuki
Jayco's Sterling Caravan Design
Ford Duo Claim Points Finish In Rally Mexico
Small Cars Lead in Softer Motor Vehicle Market
Exceptional Sales for Suzuki
Mitsubishi Sales Continue To Build
Caterham Seven Provides Fun
Ford Unveils Tough Truck Concept in Brisbane
New Volkswagen Passat At Brisbane Motor Show
There's A Pajero VR-X Coming Soon
Aixam Alfa Romeo Aston Martin Audi Bentley BMW Cadillac Caterham Chevrolet Chrysler Citroen Connaught Dacia Daewoo Dodge Elfin Ferrari Fiat Ford FPV Freestream General Motors Holden Honda HSV Hummer Jaguar Jeep Kia Lamborghini Land Rover Lotus Maserati Maybach Mazda Mercedes-Benz MG Mini Mitsubishi Morgan Nissan Noble Opel Pagani Peugeot Pontiac Porsche Proton Renault Rolls Royce Rover Saab Saturn Seat Skoda Smart Subaru Suzuki Tempest Volkswagen Volvo