Kia Motors considers halting operations of plant in China

[snoww]

Kia Motors Corp., South Korea's No. 2 auto maker by sales, said Sunday that it is considering halting operations of one of its plants in China amid weak sales.

The suspension of operations at one of its plants in Yancheng in eastern Jiangsu province is under review to secure production efficiency and profitability, the company said.

The Yancheng Plant 1 has a production capacity of 140,000 units per year. Combined with two other plants in the city, they produce 890,000 units a year with some 6,500 employees. 

Earlier on Friday, Hyundai Motor Co., South Korea's biggest carmaker by sales, also said it will halt operations at one its five plants in China within a couple of months due to a low utilization rate. Kia is a major affiliate of Hyundai Motor Group. 

Kia's vehicle sales in China have been faltering in the face of a diplomatic row between Seoul and Beijing that began in 2017 over the deployment of an advanced US anti-missile system called THAAD in South Korea. 

[snoww]

Kia cars koni AP plant ni save cheyyandi pilla congress thammulu. 

[Smallpappu]

Just now, snoww said:

Kia cars koni AP plant ni save cheyyandi pilla congress thammulu. 

Inka start kale kada production 

[snoww]

Just now, Smallpappu said:

Inka start kale kada production 

CBN trail drive did no. function kooda chesaru gaa first car ani. 

[BeerBob123]

good news for langas

[snoww]

Just now, BeerBob123 said:

good news for langas

Buy Kia cars and make it bad news for langas bro. 

[snoww]

Kia Motors may halt operations at its No.1 plant in China as part of its longer-term efforts to enhance competitiveness, a source familiar with the matter said on Sunday.

Kia Motors said in a statement after the source told Reuters on Sunday that the company is reviewing various plans to strengthen production and sales competitiveness in China.

Kia Motors, an affiliate of Hyundai Motor, makes cars in China in a tie-up with Dongfeng Motor Group and Jiangsu Yueda Investment Co Ltd. They run three factories in Jiangsu Province in China.

Hyundai Motor also said the automaker was considering suspending production at its oldest plant in China as sales tumble and it struggles with overcapacity in its biggest market.

[BeerBob123]

Just now, snoww said:

Buy Kia cars and make it bad news for langas bro. 

 

1 minute ago, BeerBob123 said:

good news for langas

 

[tom bhayya]

China lo sales thaggayi so China lo production thaggisthunnaru papam emi news dorakaledhu emo crying dheeni tho saripettukuntunnavu

[ARYA]

Just now, tom bhayya said:

China lo sales thaggayi so China lo production thaggisthunnaru papam emi news dorakaledhu emo crying dheeni tho saripettukuntunnavu

nuvvu petrol poyyakunda ila pacts septee ettaa vunculooo next status call lo sai vuncle ninnu 

[snoww]

1 minute ago, tom bhayya said:

China lo sales thaggayi so China lo production thaggisthunnaru papam emi news dorakaledhu emo crying dheeni tho saripettukuntunnavu

India lo kooda thaggakunda choodandi brother.

Pilla congress fans andaru Kia cars ee konali ani rule pass chepiddam. 

[Smallpappu]

9 minutes ago, snoww said:

CBN trail drive did no. function kooda chesaru gaa first car ani. 

Publicity kosam import chedi techina cars tho show chesaru ga

[AntheKada]

cheppalemu anantapur lo productvity increase seyochu ... int that way good news for AP

[BeerBob123]

1 minute ago, AntheKada said:

cheppalemu anantapur lo productvity increase seyochu ... int that way good news for AP

adantha kaadu gaani

AP 10gi poddi ani cheppu langas ki happy ga untadi

[snoww]

7 minutes ago, AntheKada said:

cheppalemu anantapur lo productvity increase seyochu ... int that way good news for AP

AP plant is purely for production of India sales. So its future all depends on how the sales go in India