Dongfeng Yueda Kia
A joint venture with the Korean Kia Motors, Dongfeng Yueda Kia Automobile Co is based in Yancheng, Jiangsu province and produces Kia-branded automobiles for the Chinese market.
While Kia car assembly began at a non-Dongfeng affiliated company with the Kia Pride in 1997 at Jiangsu Yueda Auto Works, an equally owned partnership (Yueda Kia Motors) was formed in 1999, and Dongfeng took over half of Jiangsu Yueda's ownership of that in March 2002. Kia has a 50% share while Dongfeng and Jiangsu Yueda Investment Co Ltd (SSE: 600805) each hold 25% ownership.
In 2010 its Sportage was the 8th most-purchased SUV in China.
The company has two production bases in China.
Read more about this topic: Dongfeng Motor Group, Joint Ventures