How Much is A Kia K900– 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, in the same way as the Hyundai Motor Company, in the manner of sales of beyond 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 tilt is a minority owner of more than twenty Hyundai subsidiaries ranging from 4.9% stirring to 45.37%, count 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 correctness Industry misused its declare to Kia Industries, and future built Honda-licensed small motorcycles (starting in 1957), Mazda-licensed trucks (1962) and cars (1974). The company opened its first integrated automotive assembly forest in 1973, the Sohari Plant. Kia built the little Brisa range of cars until 1981, considering production came to an stop after the other military dictator Chun Doo-hwan enforced industry consolidation. This motivated Kia to meet the expense of going on passenger cars and focus enormously on light trucks. Prior to the irritated 1981 shutdown, Kia rounded out its passenger car lineup taking into account two new foreign models assembled under license: the Fiat 132 and the Peugeot 604. Starting in 1986 (when without help 26 cars were manufactured, followed by higher than 95,000 the bordering year), Kia rejoined the automobile industry in partnership later 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 joined States were sold from four dealerships in Portland, Oregon, in February 1994. previously then, Kia methodically expanded one region at a time. Dealers in 1994 sold the Sephia; and a few years later, the allied States segment expanded their heritage bearing in mind the supplement of the Sportage. beyond one hundred Kia dealerships existed across thirty states by 1995, selling a record 24,740 automobiles.
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However, during the Asian financial crisis, Kia confirmed bankruptcy in 1997; and in 1998 reached an concurrence when 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 interest in Kia Motors before 1986. After subsequent divestments, Hyundai Motor Company owns about one third of Kia Motor Corporation. even if Hyundai Motor Company remains Kia’s largest stakeholder, Kia Motor Company with retains ownership in some 22 alternating Hyundai Motor Company subsidiaries. back 2005, Kia has focused on the European shout from the rooftops and has identified design as its “core cutting edge accrual engine”leading to the hiring of Peter Schreyer in 2006 as chief design officer and his subsequent inauguration of a supplementary corporate grille known as the ‘Tiger Nose’. In October 2006, Kia Motors America broke arena 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. announce share. In August 2014, the company time-honored international attention taking into account 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 supplementary vehicles used by the Pope, their Kia Carnival and Hyundai’s Santa Fe, because it appeared in the high-profile user-friendly ceremony of his introduction at the Seoul landing field on 14 August. In 2016, Kia Motors model reliability was ranked first in the associated States by J.D. power and Associates, becoming the first non-luxury automaker in the past 1989 to top that list.