Sales from plants increased by 9% in 2023, despite closing its operation in Russia. So an impressive return I would have thought. Just over 3 million vehicles left facilities, just over 3% light commercial vehicles and the rest passenger cars.
Data source: Kia.
Countries: Korea is the main supplier, with 53% of total production out of there. The US, Slovakia and India are all in the third of a million area with Mexico at a a quarter of a million. China is now the smallest manufacturing nation for Kia which is a little surprising. It had a sudden drop in 2021 but 2023 was a positive.
Summary: Kia is doing well, aided in no small part by its captive home market. But it has worked hard at exporting too and is a now strong brand around the world.
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