Kia Motors Corp. opened its first U.S. auto-assembly plant, a $1 billion factory in Georgia, as the Hyundai Motor Co. affiliate seeks to lure customers from struggling Toyota Motor Corp.

The first model at the facility is the revamped Sorento crossover, which starts at $19,995 and competes with models such as Toyota’s RAV4 sport utility vehicle. Located in West Point, the plant will be able to build 300,000 vehicles a year and employs more than 1,200 people, Seoul-based Kia said Friday.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]