Dongfeng Yueda Kia Automobile Company
Encyclopedia
Dongfeng Yueda Kia Automobile Company is a joint venture
between the Dongfeng Motor Corporation, Kia Motors
, and Yueda. It produces the Kia Optima
, Kia Carnival
, and Kia Cerato
for sale in China.
Joint venture
A joint venture is a business agreement in which parties agree to develop, for a finite time, a new entity and new assets by contributing equity. They exercise control over the enterprise and consequently share revenues, expenses and assets...
between the Dongfeng Motor Corporation, Kia Motors
Kia Motors
Kia Motors , headquartered in Seoul, is South Korea's second-largest automobile manufacturer, following the Hyundai Motor Company, with sales of over 1.4 million vehicles in 2010...
, and Yueda. It produces the Kia Optima
Kia Optima
The Kia Optima is a mid-size four-door sedan manufactured by Kia Motors since 2000 and marketed globally through various nameplates. First generation cars were mostly marketed as the Optima, although the Kia Magentis name was used in Europe and Canada when sales began there in 2002...
, Kia Carnival
Kia Carnival
The Kia Carnival is a minivan manufactured by Kia Motors, introduced in September 1998, now in its second generation and marketed globally under various nameplates – prominently as the Kia Sedona....
, and Kia Cerato
Kia Cerato
The Kia Cerato is a compact car produced by the South Korean automaker Kia Motors since 2003. In 2008, the Cerato was replaced by the Kia Forte, however, the "Cerato" name continued on in some markets.- First generation :...
for sale in China.
Plants
| Plant Type | Location | Year opened | Year closed | Notes |
|---|---|---|---|---|
| Yancheng car plant | Yancheng,Jiangsu Province (江苏), China | active |