Kia Optima Rims for Sale– 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, subsequently the Hyundai Motor Company, subsequently 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 higher than US$6 billion. Kia in position is a minority owner of more than twenty Hyundai subsidiaries ranging from 4.9% occurring to 45.37%, tallying more than US$8.3 billion.
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Kia was founded in December 1944 as Kyungsung accurateness 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 untouched its publish to Kia Industries, and well ahead built Honda-licensed little motorcycles (starting in 1957), Mazda-licensed trucks (1962) and cars (1974). The company opened its first integrated automotive assembly reforest in 1973, the Sohari Plant. Kia built the small Brisa range of cars until 1981, next production came to an end after the new military dictator Chun Doo-hwan enforced industry consolidation. This provoked Kia to have the funds for stirring passenger cars and focus certainly upon open trucks. Prior to the irritated 1981 shutdown, Kia rounded out its passenger car lineup next two other foreign models assembled below license: the Fiat 132 and the Peugeot 604. Starting in 1986 (when solitary 26 cars were manufactured, followed by exceeding 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 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 associated States were sold from four dealerships in Portland, Oregon, in February 1994. past then, Kia rationally expanded one region at a time. Dealers in 1994 sold the Sephia; and a few years later, the joined States segment expanded their stock once the addition of the Sportage. higher than one hundred Kia dealerships existed across thirty states by 1995, selling a compilation 24,740 automobiles.
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However, during the Asian financial crisis, Kia declared bankruptcy in 1997; and in 1998 reached an taking office taking into account Hyundai Motor Company to diversify by exchanging ownership with both companies. Hyundai Motor Company acquired 51% of the company, outbidding Ford Motor Company which had owned an combination in Kia Motors since 1986. After subsequent divestments, Hyundai Motor Company owns very nearly one third of Kia Motor Corporation. even though Hyundai Motor Company remains Kia’s largest stakeholder, Kia Motor Company afterward retains ownership in some 22 substitute Hyundai Motor Company subsidiaries. back 2005, Kia has focused upon the European shout out and has identified design as its “core later increase engine”leading to the hiring of Peter Schreyer in 2006 as chief design executive and his subsequent instigation of a extra 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. puff share. In August 2014, the company normal international attention next 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 augmented attention than two additional vehicles used by the Pope, their Kia Carnival and Hyundai’s Santa Fe, because it appeared in the high-profile easy to get to ceremony of his coming on at the Seoul airport on 14 August. In 2016, Kia Motors model reliability was ranked first in the associated States by J.D. capacity and Associates, becoming the first non-luxury automaker since 1989 to summit that list.