Dongfeng Motor Corporation
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Jiangsu Yueda Kia Motor Co., Ltd. is an automotive manufacturing company headquartered in Yancheng, China and a joint venture between Jiangsu Yueda Group and Kia. The company was formerly known as Dongfeng Yueda Kia Motors Co., Ltd. until Dongfeng withdrew from the joint venture in late 2021.
1 day ago · However, last year marked a turning point for Yueda Kia, which saw its sales rise to 166,395 units, a 31.2% increase from the previous year. This year, Yueda Kia has already achieved over 65% of last year's total sales, indicating a strong upward trajectory. The introduction of new models has played a crucial role in this recovery.
Apr 8, 2022 · Since March 22, 2022, the JV has changed its name from Dongfeng Yueda Kia Automobile to just Kia Automobile. Worth mentioning that the legal representative of the JV changed last year. Now Mr. Zhang Naiwen, the chairman of Yueda Group, holds this post.
Dongfeng Yueda Kia Motor Co., Ltd. is an automotive manufacturing company headquartered in Yancheng, China and a joint venture between Dongfeng Motor Corporation, Jiangsu Yueda Group and Kia.
Feb 15, 2024 · Yueda Kia, Kia Motors’ joint venture in China, aims to double exports to 170,000 this year to boost shipments and improve factory utilization. To achieve the target, Yueda Kia said it will add...
Dec 24, 2021 · A unit of state-run conglomerate Jiangsu Yueda Group Co. Ltd. plans to purchase Dongfeng Motor Group Co. Ltd.’s entire 25% stake in a joint venture (JV) with South Korean automaker Kia Corp. for 297 million yuan ($46.6 million).
Aug 30, 2022 · From now on, the names of Kia models sold in China will be the same as elsewhere in the world, the company said. The firm is overhauling the JV, formerly known as Dongfeng Yueda Kia, after founding partner Dongfeng Motor Group pulled out at the end of last year due to years of heavy losses.
