Kia Motors to build 3rd car plant in China
Seoul - Yonhap
Kia Motors Corp., South Korea's No. 2 automaker, signed an investment contract on Wednesday to build a new Chinese assembly plant in an effort to better meet demand growth in the world's largest car market. The deal calls for the Kia plant, which will be the third in the country, to be built by the second half of 2014 and have an annual production capacity of 300,000 cars.
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