Kia car plant in Žilina increased sales by 22% to €6.5bn last year

The Kia car plant in Žilina increased sales by 22% to €6.5bn last year, data from parent group Kia show. Net profit fell by a fifth to €170m. The plant was less affected than the rest of Europe's carmakers by chip shortages last year. It has also coped with the loss of the Russian market, which was the third-largest export destination in 2021 with a 12% share of output. The plant is expected to start assembling electric cars in 2025.

(trend.sk)