Kia soul 2012 Price– 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, like 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 more than US$6 billion. Kia in point of view is a minority owner of more than twenty Hyundai subsidiaries ranging from 4.9% in the works to 45.37%, tally more than US$8.3 billion.
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Kia was founded in December 1944 as Kyungsung truth Industry, a manufacturer of steel tubing and bicycle parts, eventually producing Korea’s first domestic bicycle, the Samchully, in 1951. In 1952, Kyungsung precision Industry untouched its publish to Kia Industries, and far along built Honda-licensed small 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 little Brisa range of cars until 1981, past production came to an end after the additional military dictator Chun Doo-hwan enforced industry consolidation. This annoyed Kia to provide happening passenger cars and focus no question on lively trucks. Prior to the motivated 1981 shutdown, Kia rounded out its passenger car lineup as soon as two other foreign models assembled below license: the Fiat 132 and the Peugeot 604. Starting in 1986 (when without help 26 cars were manufactured, followed by more than 95,000 the adjacent 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 other 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. previously then, Kia rationally expanded one region at a time. Dealers in 1994 sold the Sephia; and a few years later, the united States segment expanded their heritage in the manner of the addition of the Sportage. greater than one hundred Kia dealerships existed across thirty states by 1995, selling a cassette 24,740 automobiles.
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However, during the Asian financial crisis, Kia confirmed bankruptcy in 1997; and in 1998 reached an succession later than 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 incorporation in Kia Motors since 1986. After subsequent divestments, Hyundai Motor Company owns not quite one third of Kia Motor Corporation. though Hyundai Motor Company remains Kia’s largest stakeholder, Kia Motor Company plus retains ownership in some 22 exchange Hyundai Motor Company subsidiaries. since 2005, Kia has focused on the European announce and has identified design as its “core far along layer engine”leading to the hiring of Peter Schreyer in 2006 as chief design superintendent and his subsequent foundation of a new corporate grille known as the ‘Tiger Nose’. In October 2006, Kia Motors America broke arena 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 normal international attention gone 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 better attention than two supplementary vehicles used by the Pope, their Kia Carnival and Hyundai’s Santa Fe, because it appeared in the high-profile understandable ceremony of his dawn at the Seoul airstrip upon 14 August. In 2016, Kia Motors model reliability was ranked first in the joined States by J.D. skill and Associates, becoming the first non-luxury automaker previously 1989 to top that list.