Companies / United Arab Emirates
Kia Invests In Market Recovery
April 2010 | FDI AlertSouth Korean carmaker Kia Motors is looking to improve on its poor sales in the UAE through investment by its local distributor in new and upgraded facilities. Together with Al Majid Motors, Kia will invest almost AED150mn (US$40.84mn) as it looks to overcome the effects of last year's economic downturn.
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