2015 Kia Rio Msrp

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2015 Kia Rio Msrp Kia Rio Carpower360°
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2015 Kia Rio Msrp– Kia Motor Corporation (Hangul: 기아자동차; Hanja: 起亞自動車, IPA: [ki.a], lit. ”Kia automobile”; stylized as KIΛ), headquartered in Seoul, is South Korea’s second-largest automobile manufacturer, taking into consideration the Hyundai Motor Company, afterward sales of higher than 3.3 million vehicles in 2015. As of December 2015, the Kia Motor Corporation is minority owned by Hyundai, which owns a 33.88% stake valued at just beyond US$6 billion. Kia in face is a minority owner of more than twenty Hyundai subsidiaries ranging from 4.9% occurring to 45.37%, accumulation more than US$8.3 billion.

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Kia was founded in December 1944 as Kyungsung precision Industry, a manufacturer of steel tubing and bicycle parts, eventually producing Korea’s first domestic bicycle, the Samchully, in 1951. In 1952, Kyungsung exactness Industry tainted its say to Kia Industries, and sophisticated built Honda-licensed small motorcycles (starting in 1957), Mazda-licensed trucks (1962) and cars (1974). The company opened its first integrated automotive assembly plant in 1973, the Sohari Plant. Kia built the little Brisa range of cars until 1981, taking into consideration production came to an end after the further military dictator Chun Doo-hwan enforced industry consolidation. This irritated Kia to offer up passenger cars and focus categorically upon open trucks. Prior to the goaded 1981 shutdown, Kia rounded out its passenger car lineup with two additional foreign models assembled under license: the Fiat 132 and the Peugeot 604. Starting in 1986 (when on your own 26 cars were manufactured, followed by greater than 95,000 the neighboring year), Kia rejoined the automobile industry in partnership taking into consideration Ford. Kia produced several Mazda-derived vehicles for both domestic sales in South Korea and for export into other countries. These models included the Kia Pride, based upon the Mazda 121, and the Avella, which were sold in North America and Australasia as the Ford Festiva and Ford Aspire.In 1992, Kia Motors America was incorporated in the allied States. The first Kia-branded vehicles in the joined States were sold from four dealerships in Portland, Oregon, in February 1994. in the past then, Kia rationally expanded one region at a time. Dealers in 1994 sold the Sephia; and a few years later, the associated States segment expanded their extraction behind the auxiliary of the Sportage. more than one hundred Kia dealerships existed across thirty states by 1995, selling a cd 24,740 automobiles.

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However, during the Asian financial crisis, Kia avowed bankruptcy in 1997; and in 1998 reached an taking over taking into account Hyundai Motor Company to diversify by exchanging ownership in the middle of both companies. Hyundai Motor Company acquired 51% of the company, outbidding Ford Motor Company which had owned an incorporation in Kia Motors in the past 1986. After subsequent divestments, Hyundai Motor Company owns virtually one third of Kia Motor Corporation. even if Hyundai Motor Company remains Kia’s largest stakeholder, Kia Motor Company afterward retains ownership in some 22 interchange Hyundai Motor Company subsidiaries. back 2005, Kia has focused upon the European spread around and has identified design as its “core cutting edge bump engine”leading to the hiring of Peter Schreyer in 2006 as chief design supervisor and his subsequent launch of a additional corporate grille known as the ‘Tiger Nose’. In October 2006, Kia Motors America broke pitch for Kia Motors Manufacturing Georgia in West Point, Georgia, representing a $1 billion USD investment for the company. Kia Motors Manufacturing Georgia opened in February 2010, after Kia recorded its 15th consecutive year of increased U.S. puff share. In August 2014, the company conventional international attention when Pope Francis of the Catholic Church rode in one of their compact cars, the Kia Soul, during a five-day visit to South Korea. The Kia Soul drew improved attention than two new vehicles used by the Pope, their Kia Carnival and Hyundai’s Santa Fe, because it appeared in the high-profile clear ceremony of his coming on at the Seoul airdrome on 14 August. In 2016, Kia Motors model reliability was ranked first in the allied States by J.D. gift and Associates, becoming the first non-luxury automaker back 1989 to top that list.

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