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Thursday, 11 September 2008

Kia intends to open a factory in Brazil to produce the new Soul

Kia is one of the few imported car brands in Brazil that has resisted the huge importation tax of 35% and, even so, managed to sell its cars at a competitive price. Anyway, considering the car market is growing at a very high speed, the company has decided to build a plant in the country, more specifically in the city of Salto, in Sao Paulo, along with the Gandini group, Kia's official representative in Brazil and Uruguay.

The new plant will depend upon tax exemptions and waivers, the same ones obtained by Toyota for its new plant in Sorocaba. Toyota intends to produce a small car in Brazil by 2010. Yaris tends to be the new Brazilian-made Toyota.

Kia, on the other hand, wants to have the new Soul as its first Brazilian product. Considering the plant will only be ready by mid-2010, it will not be that new, but it will surely be sold in the Brazilian market as an imported vehicle. At least for a little while.

Fonte: WebMotors

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