Kia Dealer Locator– 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, subsequent to the Hyundai Motor Company, taking into consideration 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 more than US$6 billion. Kia in position is a minority owner of more than twenty Hyundai subsidiaries ranging from 4.9% up 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 correctness Industry distorted its post to Kia Industries, and far ahead 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, in the manner of production came to an stop after the further military dictator Chun Doo-hwan enforced industry consolidation. This forced Kia to find the money for happening passenger cars and focus unquestionably upon lighthearted trucks. Prior to the goaded 1981 shutdown, Kia rounded out its passenger car lineup past two new foreign models assembled below license: the Fiat 132 and the Peugeot 604. Starting in 1986 (when on your own 26 cars were manufactured, followed by over 95,000 the bordering year), Kia rejoined the automobile industry in partnership gone Ford. Kia produced several Mazda-derived vehicles for both domestic sales in South Korea and for export into extra 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 united States. The first Kia-branded vehicles in the joined States were sold from four dealerships in Portland, Oregon, in February 1994. since then, Kia rationally expanded one region at a time. Dealers in 1994 sold the Sephia; and a few years later, the allied States segment expanded their parentage later the complement of the Sportage. higher than one hundred Kia dealerships existed across thirty states by 1995, selling a collection 24,740 automobiles.
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However, during the Asian financial crisis, Kia stated bankruptcy in 1997; and in 1998 reached an appointment in imitation of Hyundai Motor Company to diversify by exchanging ownership together with both companies. Hyundai Motor Company acquired 51% of the company, outbidding Ford Motor Company which had owned an amalgamation in Kia Motors in the past 1986. After subsequent divestments, Hyundai Motor Company owns roughly one third of Kia Motor Corporation. though Hyundai Motor Company remains Kia’s largest stakeholder, Kia Motor Company plus retains ownership in some 22 exchange Hyundai Motor Company subsidiaries. since 2005, Kia has focused upon the European shout from the rooftops and has identified design as its “core forward-thinking deposit engine”leading to the hiring of Peter Schreyer in 2006 as chief design supervisor and his subsequent initiation of a other 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. shout out share. In August 2014, the company traditional 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 enlarged attention than two additional vehicles used by the Pope, their Kia Carnival and Hyundai’s Santa Fe, because it appeared in the high-profile welcoming ceremony of his initiation at the Seoul airdrome 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 previously 1989 to summit that list.