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BUSINESS SHORTS

Kia passes production target

KIA MOTORS Slovakia has produced over 24,000 cee'd cars so far this year, the plant reported on March 23.

With the introduction of a second shift, the plant near Žilina has already exceeded its plan to double monthly production to 10,000 units during the first quarter of 2007.

In May the plant plans to manufacture 14,000 cars.

"Production in Žilina is growing really well," said Kia Motors Europe vice-president Jean Charles Lievens.

The carmaker plans to assemble 150,000 cars in 2007, with the possibility of increasing to 225,000 units in 2008. The plant plans to reach full production capacity of 300,000 units in 2009 through the addition of a third shift.

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