Market intelligence, trend analysis and forecasts for the Automotives industry across the regions

Companies / United Arab Emirates

Kia Invests In Market Recovery

April 2010 | FDI Alert

South 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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