Kia Suv Models– 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, with sales of higher 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 exceeding US$6 billion. Kia in point of view is a minority owner of more than twenty Hyundai subsidiaries ranging from 4.9% up to 45.37%, calculation 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 truth Industry misused its herald to Kia Industries, and forward-thinking built Honda-licensed small 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 little Brisa range of cars until 1981, once production came to an stop after the additional military dictator Chun Doo-hwan enforced industry consolidation. This irritated Kia to present up passenger cars and focus extremely upon lighthearted trucks. Prior to the motivated 1981 shutdown, Kia rounded out its passenger car lineup subsequent to two further foreign models assembled under license: the Fiat 132 and the Peugeot 604. Starting in 1986 (when unaided 26 cars were manufactured, followed by greater than 95,000 the neighboring year), Kia rejoined the automobile industry in partnership next 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 associated States. The first Kia-branded vehicles in the united 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 allied States segment expanded their descent when the complement of the Sportage. greater than one hundred Kia dealerships existed across thirty states by 1995, selling a photograph album 24,740 automobiles.
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However, during the Asian financial crisis, Kia confirmed bankruptcy in 1997; and in 1998 reached an agreement in the manner of Hyundai Motor Company to diversify by exchanging ownership amongst both companies. Hyundai Motor Company acquired 51% of the company, outbidding Ford Motor Company which had owned an interest in Kia Motors before 1986. After subsequent divestments, Hyundai Motor Company owns practically one third of Kia Motor Corporation. even if Hyundai Motor Company remains Kia’s largest stakeholder, Kia Motor Company in addition to retains ownership in some 22 substitute Hyundai Motor Company subsidiaries. before 2005, Kia has focused upon the European make known and has identified design as its “core difficult bump engine”leading to the hiring of Peter Schreyer in 2006 as chief design overseer and his subsequent establishment of a extra 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. shout from the rooftops share. In August 2014, the company traditional 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 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 easy to use ceremony of his arrival at the Seoul airstrip on 14 August. In 2016, Kia Motors model reliability was ranked first in the united States by J.D. aptitude and Associates, becoming the first non-luxury automaker since 1989 to top that list.