KIA opens new gigantic car plant in Georgia

By Incorrect Author 18 November 2009

The town of West Point, Georgia, had full reason to celebrate on Tuesday as the fast-ascending Korean carmaker, Kia, opened a new auto plant there. While most of the global auto industry is genuinely suffering, Kia is bullish about its prospects. Together with its sister company, Hyundai Motors, Kia climbed to 5th largest carmaker in the world. It produces 1.5 million cars a year, a number that can be dramatically improved after the opening of the 300,000-cars-a-year West Point plant. Kia expects it will sell around 350,000 cars in the US in 2010. Read more: BusinessWeek, AP

Gallery

Support DAILY MAVERICK & get FREE UBER vouchers every month

An increasingly rare commodity, quality independent journalism costs money, though not nearly as much as its absence can cost global community. No country can live and prosper without truth - that's why it matters.

Every Daily Maverick article and every Scorpio exposé is proof of our dedication to this unshakeable mission. Investing in our news media is by far the most effective investment into South Africa's future.

You can support Independent and Investigative journalism by joining Maverick Insider. If you contribute R150 or more per month you will receive R100 back in UBER vouchers. EVERY MONTH until October 2019.

So, if you'd like to help and do something meaningful for yourself and your country, then sign up to become a Maverick Insider. Together we can Defend Truth.


Inquiry: Day Two

PIC announces ‘blatant’ violations in R4.3-billion investment in Survé-controlled Ayo Technology

By Greg Nicolson

Eton College once provided free education to poor boys. Now it quite literally does the opposite.