NEW DELHI—Kia Motors Corp. plans to invest more than $1 billion in India, hoping to capture new customers in the growing market and mirror the success of its sister company Hyundai Motor Co. The South Korean carmaker said Thursday that it plans to invest about $1.1 billion to build a factory for its first foray into the South Asian nation.

Source: Wall Street Journal April 27, 2017 11:37 UTC