For Kia Motors Corp., Mexico’s historic car boom isn’t working out as planned.A dispute with a recently elected state leader may prevent the start of production next month at a northern Mexico car factory representing more than $1 billion in investment, Kia said Tuesday. The plant is in the cross hairs of Nuevo Leon Governor Jaime Rodriguez, a former rancher who threw out the ruling party in a landslide last year and says he opposes the deal Kia signed with his predecessor.
Read Article