Kia Slovakia’s first-half output hits 149,000; aims to beat 285,000 for 2012

Article by Anita Panait, on July 12, 2012

Kia Motors expects its manufacturing plant in Zilina, Slovakia to post a record production of around 285,000 vehicles in full year 2012. This came as Kia Slovakia logged a 10 percent jump in production to 149,000 cars in the first six months of 2012, mainly thanks to strong demand for Kia vehicles in the period. Kia’s first half feat is in contrast to the results of some carmakers in Western Europe, which are suffering from dwindling production and sales.

According to Eek-Hee Lee, chief executive of Kia Slovakia, the plant’s rising output is due to the strong European and Russian demand for the Sportage medium sports utility vehicle, the Venga small minivan and the Cee'd compact.

Around 20 percent of the plant’s production is exported to Russia, 12 percent to the United Kingdom and 11 percent to France. In June 2012, Kia posted a 19 percent increase in sales in Russia to 17,307 units, making the South Korean company the fourth best-selling automaker in the country, according to the Association for European Businesses (AEB).

Kia logged a 10 percent hike in production in 2011 to 252,000 vehicles, allowing it to surpass its pre-crisis record of 201,000 cars in 2008. The Slovak auto industry, which includes assembly plants for Volkswagen and PSA/Peugeot-Citroen as well as suppliers, accounts for around 13 percent of the country’s GDP.

Kia’s Zilina plant accounts for over 10 percent of the carmaker’s global output. Kia is planning to adjust its Slovak production lines to accommodate a new model during a scheduled summer break for two weeks, set at the end of July and beginning of August. According to data from the auto industry group ACEA, Kia posted a 24.6 percent rise in vehicle sales in the EU and EFTA countries to 139,576 in contrast to collective sales in the region diving 7.3 percent in the same period.

Topics: kia, production

If you liked the article, share on:

Comments

Login or Create new account to add a comment!

Recommended

The highlight of this year’s Consumer Electronics Show may be based on some of these keywords---connectivity, integration and partnership. Just like in the previous year, you’ve probably heard and read...
by - January 16, 2017
Less than three weeks to go and the Super Bowl LI – one of the most awaited and most watched sports events in television – will commence on February 5,...
by - January 16, 2017
New Tesla vehicles will have to pay when charging at any of the carmaker’s Supercharger stations once they exceed their annual limits. This comes as Tesla Motors announced revisions in...
by - January 16, 2017
Off-road driving with an open air vehicle provides another kind of experience for many off-road enthusiasts and fans. For this sake, Ford is planning to offer a version of the...
by - January 16, 2017
For those who love driving, future autonomous cars should be like the Toyota Concept-i that is drawing in a multitude of visitors at the 2017 Consumer Electronics Show in Las...
by - January 15, 2017
Facebook

Youtube Channel

Tip Us
Do you have a tip for us?
Did you film an important event?
Contact us
Newsletter
Subscribe to our newsletter!
Subscribe
Galleries