Kia 2007 Annual Report Download - page 22

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Together with Hyundai Motor, Kia is the sixth largest auto manufacturer in the
world (
Automotive News,
25 June 2007). In 2007, Kia’s global retail sales were 1.27
million units, which was a 3.6% increase compared to the previous year.
Kia is continuously boosting its overseas manufacturing capability. Mass
production began in December 2006 at Kia’s state-of-the-art manufacturing facility
in Slovakia. Kia’s second factory in China began production in October 2007 and
allows Kia to better meet the needs of customers in one of Kia’s most strategic
markets of the future. Kia’s plant in Georgia, USA - scheduled for completion in
2009 - will help better support increasing customer demand in the crucial
American market.
Kia’s sound global strategy has placed it right on
track to achieve its ambitious vision for the future
Building
a Solid Growth Engine