Daily Archives: August 29, 2014

Kia announces plans for $1 billion auto plant in Mexico

Kia announces plans for $1 billion auto plant in Mexico

By David Undercoffler, Tracy Wilkinson

Kia Motors will open a $1 billion auto plant in northern Mexico in 2016, with the capacity to build 300,000 vehicles annually, Mexican President Enrique Peña Nieto announced Wednesday.