Kia Store Elizabethtown Ky

Kia Store Elizabethtown Ky Kia Store Clarksville 866 545 2429
Kia Store Elizabethtown Ky Kia Store Clarksville 866 545 2429
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Kia Store Elizabethtown Ky– 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, following the Hyundai Motor Company, behind 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 greater than US$6 billion. Kia in point is a minority owner of more than twenty Hyundai subsidiaries ranging from 4.9% occurring to 45.37%, addition more than US$8.3 billion.

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Kia Dealer in Elizabethtown KY

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 misused its say to Kia Industries, and innovative 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, subsequent to production came to an end after the new military dictator Chun Doo-hwan enforced industry consolidation. This goaded Kia to pay for up passenger cars and focus unquestionably on light trucks. Prior to the forced 1981 shutdown, Kia rounded out its passenger car lineup past two new foreign models assembled below license: the Fiat 132 and the Peugeot 604. Starting in 1986 (when unaided 26 cars were manufactured, followed by higher than 95,000 the next-door year), Kia rejoined the automobile industry in partnership behind Ford. Kia produced several Mazda-derived vehicles for both domestic sales in South Korea and for export into further 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. before then, Kia logically expanded one region at a time. Dealers in 1994 sold the Sephia; and a few years later, the united States segment expanded their stock later the complement of the Sportage. over one hundred Kia dealerships existed across thirty states by 1995, selling a tape 24,740 automobiles.

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However, during the Asian financial crisis, Kia avowed bankruptcy in 1997; and in 1998 reached an agreement in imitation of Hyundai Motor Company to diversify by exchanging ownership in the midst of both companies. Hyundai Motor Company acquired 51% of the company, outbidding Ford Motor Company which had owned an assimilation in Kia Motors past 1986. After subsequent divestments, Hyundai Motor Company owns more or less one third of Kia Motor Corporation. even if Hyundai Motor Company remains Kia’s largest stakeholder, Kia Motor Company plus retains ownership in some 22 alternating Hyundai Motor Company subsidiaries. before 2005, Kia has focused on the European spread around and has identified design as its “core complex accumulation engine”leading to the hiring of Peter Schreyer in 2006 as chief design overseer and his subsequent inauguration of a new 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. announce share. In August 2014, the company standard international attention considering 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 additional vehicles used by the Pope, their Kia Carnival and Hyundai’s Santa Fe, because it appeared in the high-profile friendly ceremony of his introduction at the Seoul airstrip upon 14 August. In 2016, Kia Motors model reliability was ranked first in the allied States by J.D. skill and Associates, becoming the first non-luxury automaker since 1989 to top that list.

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