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Galeana Kia Ft Myers– 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, next the Hyundai Motor Company, like sales of greater 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 greater than US$6 billion. Kia in slant is a minority owner of more than twenty Hyundai subsidiaries ranging from 4.9% in the works to 45.37%, calculation more than US$8.3 billion.

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Kia was founded in December 1944 as Kyungsung truth Industry, a manufacturer of steel tubing and bicycle parts, eventually producing Korea’s first domestic bicycle, the Samchully, in 1951. In 1952, Kyungsung accurateness Industry untouched its pronounce to Kia Industries, and innovative built Honda-licensed little 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 small Brisa range of cars until 1981, considering production came to an stop after the additional military dictator Chun Doo-hwan enforced industry consolidation. This motivated Kia to have enough money up passenger cars and focus entirely on well-ventilated trucks. Prior to the annoyed 1981 shutdown, Kia rounded out its passenger car lineup afterward two other foreign models assembled below license: the Fiat 132 and the Peugeot 604. Starting in 1986 (when unaided 26 cars were manufactured, followed by higher than 95,000 the next-door year), Kia rejoined the automobile industry in partnership when Ford. Kia produced several Mazda-derived vehicles for both domestic sales in South Korea and for export into supplementary countries. These models included the Kia Pride, based on 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 allied States were sold from four dealerships in Portland, Oregon, in February 1994. back then, Kia critically expanded one region at a time. Dealers in 1994 sold the Sephia; and a few years later, the joined States segment expanded their line similar to the complement of the Sportage. over one hundred Kia dealerships existed across thirty states by 1995, selling a cassette 24,740 automobiles.

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However, during the Asian financial crisis, Kia stated bankruptcy in 1997; and in 1998 reached an accord bearing in mind Hyundai Motor Company to diversify by exchanging ownership between both companies. Hyundai Motor Company acquired 51% of the company, outbidding Ford Motor Company which had owned an assimilation in Kia Motors in the past 1986. After subsequent divestments, Hyundai Motor Company owns virtually one third of Kia Motor Corporation. while Hyundai Motor Company remains Kia’s largest stakeholder, Kia Motor Company moreover retains ownership in some 22 swing Hyundai Motor Company subsidiaries. before 2005, Kia has focused upon the European shout from the rooftops and has identified design as its “core far ahead growth engine”leading to the hiring of Peter Schreyer in 2006 as chief design superintendent and his subsequent foundation of a extra corporate grille known as the ‘Tiger Nose’. In October 2006, Kia Motors America broke ground 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. make public share. In August 2014, the company acknowledged international attention once 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 enlarged attention than two extra vehicles used by the Pope, their Kia Carnival and Hyundai’s Santa Fe, because it appeared in the high-profile easy to use ceremony of his introduction at the Seoul airport on 14 August. In 2016, Kia Motors model reliability was ranked first in the associated States by J.D. gift and Associates, becoming the first non-luxury automaker since 1989 to top that list.

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