Kia forte 2014– 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 manner of the Hyundai Motor Company, with sales of more 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 on top of US$6 billion. Kia in turn is a minority owner of more than twenty Hyundai subsidiaries ranging from 4.9% stirring to 45.37%, tally more than US$8.3 billion.
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Kia was founded in December 1944 as Kyungsung truthfulness 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 make known to Kia Industries, and complex 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, afterward production came to an stop after the supplementary military dictator Chun Doo-hwan enforced industry consolidation. This goaded Kia to meet the expense of taking place passenger cars and focus entirely on light trucks. Prior to the provoked 1981 shutdown, Kia rounded out its passenger car lineup following two new foreign models assembled under license: the Fiat 132 and the Peugeot 604. Starting in 1986 (when forlorn 26 cars were manufactured, followed by higher than 95,000 the neighboring 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 new 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 united States. The first Kia-branded vehicles in the joined States were sold from four dealerships in Portland, Oregon, in February 1994. past then, Kia systematically expanded one region at a time. Dealers in 1994 sold the Sephia; and a few years later, the allied States segment expanded their parentage gone the auxiliary of the Sportage. over one hundred Kia dealerships existed across thirty states by 1995, selling a photograph album 24,740 automobiles.
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However, during the Asian financial crisis, Kia stated bankruptcy in 1997; and in 1998 reached an agreement in imitation of Hyundai Motor Company to diversify by exchanging ownership amid both companies. Hyundai Motor Company acquired 51% of the company, outbidding Ford Motor Company which had owned an captivation in Kia Motors since 1986. After subsequent divestments, Hyundai Motor Company owns approximately one third of Kia Motor Corporation. though Hyundai Motor Company remains Kia’s largest stakeholder, Kia Motor Company afterward retains ownership in some 22 swing Hyundai Motor Company subsidiaries. previously 2005, Kia has focused on the European make known and has identified design as its “core later accrual engine”leading to the hiring of Peter Schreyer in 2006 as chief design officer and his subsequent foundation of a extra corporate grille known as the ‘Tiger Nose’. In October 2006, Kia Motors America broke sports 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. spread around share. In August 2014, the company conventional international attention following 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 user-friendly ceremony of his arrival at the Seoul airdrome on 14 August. In 2016, Kia Motors model reliability was ranked first in the united States by J.D. capacity and Associates, becoming the first non-luxury automaker in the past 1989 to summit that list.