Kia Targets More Expansion

South Korean carmaker Kia Motors is looking to construct an engine plan in Slovakia with an investment of close to EUR110.5mn. It is seeking tax breaks worth EUR15mn from the Slovak government for the project, Reuters has reported. The company is one of the three major players in the country, along with Volkswagen (VW) and PSA Peugeot Citroën, which together have an annual production capacity of 900,000

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