Dongfeng Yueda Kia
 | |
| Private joint venture | |
| Industry | Automotive |
| Founded | 28 August 2002 |
| Headquarters | Yancheng, Jiangsu, China |
| Products | Automobiles |
| Parent |
Dongfeng Motor Corporation (25%) Kia Motors (50%) Yueda (25%)[1] |
| Website |
www |
Dongfeng Yueda Kia Motor Co., Ltd. is an automotive manufacturing company headquartered in Yancheng, China and a joint venture between Dongfeng Motor Corporation, Kia Motors and Yueda. It produces the Kia Optima, Kia Carnival, and Kia Cerato for sale in China.
History
Dongfeng Yueda Kia was founded in 2002.[2]
In August 2003 it was announced that Dongfeng Yueda Kia would invest around US$600 million in the construction of a new assembly plant in Jiangsu Province with a capacity to produce 400,000 vehicles per year.[1]
In November 2011 Dongfeng Yueda Kia announced that it would construct its third automobile manufacturing plant in Yancheng.[3] Construction of the plant took place between 2012 and 2014.[3] The plant has an annual production capacity of 300,000 cars.[3]
Plants
| Plant Type | Location | Year opened | Year closed | Notes |
|---|---|---|---|---|
| Yancheng car plant | Yancheng,Jiangsu Province (江苏), China | active |
Sales
| Calendar year | Total sales |
|---|---|
| 2007 | 101,000[2] |
| 2008 | 142,000[2] |
| 2009 | 241,000[2] |
| 2010 | 333,000[2] |
| 2011 | 433,000[2] |
References
- 1 2 "Kia to set up new JV plant in China". China Daily. 11 August 2003. Retrieved 23 October 2016.
- 1 2 3 4 5 6 "Kia's 3rd China plant to produce tailored cars". The Korea Herald. 29 June 2012. Retrieved 12 July 2012.
- 1 2 3 "Kia to set up new JV plant in China". The Chosunilbo. 3 November 2011. Retrieved 23 October 2016.
External links
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