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Kia sole 20 New Kia soul 2017

Kia sole– 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 same way as the Hyundai Motor Company, once sales of over 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% in the works to 45.37%, count 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 correctness Industry misrepresented its proclaim to Kia Industries, and highly developed built Honda-licensed little 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 small Brisa range of cars until 1981, subsequent to production came to an stop after the further military dictator Chun Doo-hwan enforced industry consolidation. This irritated Kia to have enough money going on passenger cars and focus definitely on well-ventilated trucks. Prior to the provoked 1981 shutdown, Kia rounded out its passenger car lineup when two supplementary foreign models assembled under license: the Fiat 132 and the Peugeot 604. Starting in 1986 (when single-handedly 26 cars were manufactured, followed by beyond 95,000 the next year), Kia rejoined the automobile industry in partnership later than 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 joined States. The first Kia-branded vehicles in the joined States were sold from four dealerships in Portland, Oregon, in February 1994. since then, Kia logically expanded one region at a time. Dealers in 1994 sold the Sephia; and a few years later, the joined States segment expanded their heritage considering the adjunct of the Sportage. higher than one hundred Kia dealerships existed across thirty states by 1995, selling a lp 24,740 automobiles.

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However, during the Asian financial crisis, Kia confirmed bankruptcy in 1997; and in 1998 reached an appointment bearing in mind Hyundai Motor Company to diversify by exchanging ownership surrounded by both companies. Hyundai Motor Company acquired 51% of the company, outbidding Ford Motor Company which had owned an concentration in Kia Motors in the past 1986. After subsequent divestments, Hyundai Motor Company owns 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 interchange Hyundai Motor Company subsidiaries. past 2005, Kia has focused on the European push and has identified design as its “core highly developed accumulation engine”leading to the hiring of Peter Schreyer in 2006 as chief design supervisor and his subsequent introduction of a supplementary corporate grille known as the ‘Tiger Nose’. In October 2006, Kia Motors America broke showground 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. broadcast share. In August 2014, the company received international attention afterward 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 improved attention than two further 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 start at the Seoul airport upon 14 August. In 2016, Kia Motors model reliability was ranked first in the allied States by J.D. power and Associates, becoming the first non-luxury automaker back 1989 to summit that list.