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Biz News Korea(Eng)
Kia Motors launches new K2 compact sedan in China
- Collected
- 2016.11.09
- Distributed
- 2016.11.10
- Source
- Go Direct
Dongfeng Yueda Kia, a joint Chinese venture between Kia Motors and China`s Dongfeng Motor, said it held a ceremony to launch the new K2 in Zhangjiajie in the Hunan Province of China, attended by 300 including Dongfeng Yueda Kia president Kim Gyeon and local dealers. The company began marketing of the new K2 on Tuesday.
Since its China debut in 2011, the first-generation K2 sold 774,027 units, the largest number for any single vehicle model sold by Dongfeng Yueda Kia. The new K2 is the first revamped model in five years and aimed to reflect local consumer needs from the development phase.
The new K2 has new 6 speed manual and automatic transmission over two engine types -- one with a 1.4-liter Kappa gasoline engine that produces a maximum horsepower of 100, and the other with a 1.6-liter Gamma gasoline engine and 123 horsepower.
Kia Motors plans to sell up to 180,000 units annually as it is also set to launch a new five-door hatchback model of the new K2 in 2017.
By Lee Seung-hoon
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