Kia Of Greer– 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, once the Hyundai Motor Company, when 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 greater than US$6 billion. Kia in position is a minority owner of more than twenty Hyundai subsidiaries ranging from 4.9% in the works to 45.37%, toting up 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 truth Industry untouched its read out to Kia Industries, and progressive 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, once production came to an end after the further military dictator Chun Doo-hwan enforced industry consolidation. This provoked Kia to present in the works passenger cars and focus utterly on lively trucks. Prior to the forced 1981 shutdown, Kia rounded out its passenger car lineup gone two other foreign models assembled below license: the Fiat 132 and the Peugeot 604. Starting in 1986 (when lonesome 26 cars were manufactured, followed by more than 95,000 the adjacent year), Kia rejoined the automobile industry in partnership with 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 united States. The first Kia-branded vehicles in the allied States were sold from four dealerships in Portland, Oregon, in February 1994. in the past then, Kia methodically expanded one region at a time. Dealers in 1994 sold the Sephia; and a few years later, the united States segment expanded their parentage subsequent to the auxiliary of the Sportage. higher than one hundred Kia dealerships existed across thirty states by 1995, selling a stamp album 24,740 automobiles.
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However, during the Asian financial crisis, Kia confirmed bankruptcy in 1997; and in 1998 reached an succession with Hyundai Motor Company to diversify by exchanging ownership along with both companies. Hyundai Motor Company acquired 51% of the company, outbidding Ford Motor Company which had owned an incorporation in Kia Motors back 1986. After subsequent divestments, Hyundai Motor Company owns roughly one third of Kia Motor Corporation. while Hyundai Motor Company remains Kia’s largest stakeholder, Kia Motor Company in addition to retains ownership in some 22 rotate Hyundai Motor Company subsidiaries. since 2005, Kia has focused upon the European present and has identified design as its “core superior lump engine”leading to the hiring of Peter Schreyer in 2006 as chief design official and his subsequent foundation of a new corporate grille known as the ‘Tiger Nose’. In October 2006, Kia Motors America broke auditorium 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. push share. In August 2014, the company received international attention like 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 bigger attention than two additional vehicles used by the Pope, their Kia Carnival and Hyundai’s Santa Fe, because it appeared in the high-profile simple ceremony of his start at the Seoul airstrip on 14 August. In 2016, Kia Motors model reliability was ranked first in the joined States by J.D. gift and Associates, becoming the first non-luxury automaker previously 1989 to summit that list.