Kia announced Wednesday that it plans to build "a range of yet-to-be confirmed compact models" at its new plant in Monterrey, Mexico after Job 1 production begins in H1 2016.
Automotive News reports the automaker is still determining which vehicles it plans to produce at the $1 billion plant, as it will be set-up to produce both compact and subcompact models at a rate of 300,000 units annually once full production begins.
Kia adds that the plant will also serve as a potential launching pad for production throughout Central and South America, as well as a supply line to a new sales channel in Mexico:
With its strong growth forecasts for new vehicle demand, Mexico was chosen as the site for Kia's next overseas plant given that it is one of the few remaining major markets in the world in which Kia does not have a sales presence.
Kia will begin construction of its new facility in late September.
The post Kia Set To Build "Range" Of Compacts At Monterrey Plant In 2016 appeared first on The Truth About Cars.
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