Filed under: Plants/Manufacturing, Kia
Mexico has long been a hot spot for auto manufacturing, but the country's fortunes have been boosted lately, with
Honda,
Mazda and
Nissan recently adding factories there, and
BMW is said to be poised to
join them soon. Now, new reports indicate that
Kia might start building south of the border to keep up with demand.
Insiders speaking to
Reuters claim that the Korean automaker is
very close to striking a deal to build a factory for two small models in Monterrey, Mexico, with a 300,000-vehicle annual capacity. Assembly could reportedly begin as soon as 21 months after ground is broken.
If true, Kia has done a fantastic job of keeping the deal under wraps. The only hint at anything like this brewing was a rumor last year that
Hyundai may
have investigation building a factory in Mexico. The company currently operates a factory in Georgia that builds the
Optima and
Sorento.
Autoblog has reached out to Kia to try to learn more details about the alleged plan. We will update this story if we learn more.
Kia decides on Mexico plant location for small car assembly originally appeared on Autoblog on Fri, 06 Jun 2014 18:31:00 EST. Please see our terms for use of feeds.
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