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Kia Dealers Columbus Ohio– 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, considering the Hyundai Motor Company, following sales of on top of 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 higher than US$6 billion. Kia in twist is a minority owner of more than twenty Hyundai subsidiaries ranging from 4.9% up to 45.37%, tally more than US$8.3 billion.

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Kia was founded in December 1944 as Kyungsung correctness Industry, a manufacturer of steel tubing and bicycle parts, eventually producing Korea’s first domestic bicycle, the Samchully, in 1951. In 1952, Kyungsung truthfulness Industry distorted its broadcast to Kia Industries, and cutting edge built Honda-licensed little motorcycles (starting in 1957), Mazda-licensed trucks (1962) and cars (1974). The company opened its first integrated automotive assembly tree-plant in 1973, the Sohari Plant. Kia built the small Brisa range of cars until 1981, taking into account production came to an stop after the further military dictator Chun Doo-hwan enforced industry consolidation. This forced Kia to offer taking place passenger cars and focus extremely upon fresh trucks. Prior to the motivated 1981 shutdown, Kia rounded out its passenger car lineup taking into consideration two extra foreign models assembled under license: the Fiat 132 and the Peugeot 604. Starting in 1986 (when deserted 26 cars were manufactured, followed by more than 95,000 the bordering year), Kia rejoined the automobile industry in partnership once 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 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. past then, Kia logically expanded one region at a time. Dealers in 1994 sold the Sephia; and a few years later, the united States segment expanded their origin in imitation of the complement of the Sportage. exceeding 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 avowed bankruptcy in 1997; and in 1998 reached an agreement taking into consideration Hyundai Motor Company to diversify by exchanging ownership amongst both companies. Hyundai Motor Company acquired 51% of the company, outbidding Ford Motor Company which had owned an amalgamation in Kia Motors 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 moreover retains ownership in some 22 different Hyundai Motor Company subsidiaries. previously 2005, Kia has focused upon the European shout from the rooftops and has identified design as its “core later enlargement engine”leading to the hiring of Peter Schreyer in 2006 as chief design overseer and his subsequent instigation of a new corporate grille known as the ‘Tiger Nose’. In October 2006, Kia Motors America broke field 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 normal international attention in the manner of 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 greater than before attention than two further 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 dawn at the Seoul airport on 14 August. In 2016, Kia Motors model reliability was ranked first in the joined States by J.D. talent and Associates, becoming the first non-luxury automaker past 1989 to summit that list.

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