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Kia Motors, Seoul (Sydkorea) |
Nationalitet: Koncern: Hyundai Motor Group Firmaet grundlagt: 1944 Produktion 19??: - Internetadresse: www.kia.co.uk Firmaets postadresse: Kia Motors Corporation, Yangjae-dong, Seocho-gu, Seoul, Sydkorea |
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Kia Motors Company is a South Korean automobile manufacturer. The company also manufactures bicycles, some of which are sold in the United States. Kia was founded in 1944, making it South Korea's oldest car company. It later produced several Mazda models under licence, including the Pride (based on the 121) and Avella, which were sold in North America and Australasia as the Ford Festiva and Ford Aspire. The name "Kia" (??, ??) roughly translates as "Arising from Asia" in Korean and Chi nese characters. Kia's troubles in 1997 helped to push South Korea into the Asian financial crisis, and it was acquired in 1998 by the Hyundai Motor Company. Hyundai resisted this move but were forced by the Korean government to take over Kia as part of the strategy to fix Korea's financial crisis. Despite being taken over by Hyundai, Kia vehicles remain less reliable than those from competitors. Kia's sales rely largely on ten-year powertrain warranties. Kia has consistently ranked last on J.D. Power and Associates durability index. In recent years however, Kia has worked to improve the reliabilty of their vehicles and for one year (2004), it improved to second to last, beating Land Rover. However, in 2005, Kia is one of the companies of the Hyundai Motor Group and has four subsidiaries:
Dongfeng Yueda Kia Automobile Company is a joint venture in China with Dongfeng Motor Corporation. (kilde: Wikipedia)
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