Archive for January, 2012
Kia Builds 1 Millionth Car in Slovakia
The 1 millionth car rolled off the assembly line at Kia’s Zilina plant in Slovakia just a little over five years since the factory opened.
The milestone model was a white, diesel-engined Kia Cee’d SW that was handed over to a Slovakian children’s charity called the Red Nose Clowndoctors.
Kia Makes a Record Number of Cars and Engines in Europe
Last year, Kia made production records in Europe with 252,000 cars and more than 359,000 engines rolling off the assembly lines at is Zilina plant in Slovakia. Kia’s European arm built 10 percent more cars and posted a 12 percent increase in engine production.
Kia said that it is planning to further raise output in Slovakia, [...]
NHTSA closes probes into Kia Sorento
The Detroit News reports that the National Highway Traffic Safety Administration has concluded its investigations into the Kia Sorento without ordering either automaker to issue a recall. NHTSA had received 18 complaints of fuel spilling from the filler port on certain 2003-2004 Kia Sorento models. Kia found the vehicles’ fuel evaporation system featured a canister [...]
Hyundai Invest $12.2 Billion in 2012
Hyundai Motor Group, the owner of Kia brand, announced that it will invest $12.2 billion this year in research and development as well as on improving its facilities. Hyundai announced last October that their target for 2012 was 7 million units, up from 6.5 million in 2011. They also estimate that their growth could [...]