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While other automakers are closing plants in the U.S., Kia, which is controlled by South Korea's Hyundai Automotive Group, is preparing to open a brand-new assembly plant in West Point, Ga., southwest of Atlanta. The $1.2 billion, 2.2 million-sq.-ft. plant will begin producing Kia vehicles for the retail market next month. Up until now, Kia had imported 100% of its vehicles. (See the 50 worst cars of all time...

Author: /time Magazine | Title: Hyundai and Kia Find the Sweet Spot in U.S. Market | 10/13/2009 | See Source »

...plant in Georgia will employ 1,200 workers and aims to build 60 vehicles per hour. The first vehicle out of the plant will be the 2011 Kia Sorento, a midsize crossover vehicle that combines features from a passenger car and a sport-utility vehicle. "Creating stylish and safe vehicles loaded with value is a core philosophy for the Kia brand," crows Byung Mo Ahn, chief executive of Kia Motor America...

Author: /time Magazine | Title: Hyundai and Kia Find the Sweet Spot in U.S. Market | 10/13/2009 | See Source »

...summit with Western powers, Russia and China, Iran added fuel to the incendiary debate over its nuclear ambitions by revealing the existence of a new uranium-enrichment facility outside the holy city of Qum. News of the plant, the second of its kind in Iran, drew sharp criticism from Western leaders, including President Obama, who condemned Tehran for "breaking rules" and demanded that the country "cooperate fully and comprehensively" with International Atomic Energy Agency inspectors. Ali Akbar Salehi, head of Iran's Atomic Energy Organization, insisted that plans for the plant were never secret and reiterated that Iran's nuclear...

Author: /time Magazine | Title: The World | 10/12/2009 | See Source »

...heard concern is that Arias seems to believe Costa Rica can "plant its way out of the carbon-emissions problem," as environmentalists frequently complain. Rather than attack emissions more aggressively at its industrial and automotive sources, eco-advocates fear Arias simply wants to plant more trees in order to create what they call a deceptive net-zero emissions balance...

Author: /time Magazine | Title: Costa Rica's President: It's Not Easy Staying Green | 10/10/2009 | See Source »

...challenge of preventing the Islamic Republic from building nuclear weapons while avoiding a potentially catastrophic third U.S. war in a Muslim country within a single decade. But his approach has started to show more promise. At recent talks in Geneva, Tehran agreed to inspections of its previously secret enrichment plant under construction at Qom, as well as to a deal that would involve sending a substantial portion of its current stock of enriched uranium abroad for processing into harmless reactor-fuel rods. Still, while Iran may be open to taking steps to strengthen safeguards against it turning fissionable material into...

Author: /time Magazine | Title: Will the Nobel Help Obama Make Peace? | 10/10/2009 | See Source »

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