Executives at Kia have decided to shelve plans for a drop-top version of the cee’d hatch, despite the project already being in an advanced stage. Product planners cite poor profitability and Kia’s small market presence as reasons for axing the plans. During a recent visit to Kia’s Namyang Technology Research Center, Autotelegraaf.nl was told that that a c-segment convertible was in the works and would be ready for introduction in roughly two years. The Dutch magazine now reports that the carmaker has stopped development because the costs are simply too high.
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