Kia starts production of the new Rio in Mexico
Kia Motors started the production of the new Rio model HB 2018, at its plant in Pesqueria, Nuevo Leon. Horacio Chavez, Managing Director of the Company in Mexico, said during a press conference that this is the best-selling model of the firm.
The company closed 2016 with a production of 107,500 vehicles in Mexico and 58,112 units were sold nationally, while over 93,000 were exported.
Kia announced in August last year its plan to produce nearly 150,000 units of the new Kia Rio by 2017, with North America and South America as its primary destinations. Kia will be looking to commercialize nearly 100,000 vehicles in 2020, reaching a 5% market share.