Kia to start production of new ceed model in Slovakia in Q2 2012.

By bne IntelliNews January 2, 2012
The Slovak plant of South Korean car maker Kia will start production of the second generation of its ceed model in the second quarter of 2012, Pravda reported. The new model, which will be made only in the plant in Zilina, will be introduced at the 82nd International Motor Show in Geneva in March 2012. The Zilina factory plans to start working in three shifts as of the first quarter of 2012, due to the new model launch and increasing number of orders. In the fourth quarter of 2011, Kia recruited over 900 new workers for the Zilina factory and another 80 workers for its engine production plant. The car maker currently employs over 3,900 people in Slovakia and has invested EUR 1.2bn in the country so far. It has manufactured over 970,000 vehicles since the launch of serial production in December 2006. Kia Motors Slovakia is the third biggest exporter and the fifth largest production company in Slovakia. Kia, together with Germany's Volkswagen and France's PSA Peugeot Citroen, which also assemble cars in Slovakia, is one of the main drivers of the countrys economy, which is powered by exports of cars and electronics.

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