Kia Motor Corporation is headquartered in Seoul, and South Korea's second-largest car producer, right after the Hyundai Motor Company, with 2015 sales of more than 3.3 million vehicles Kia Motor Corporation was 33.88% minority owned by the Hyundai Motor Company as of December, 2015 totaling simply over $6 billion USD, and Kia Motor Corporation is a minority owner of over twenty Hyundai backups extending from 4.9% and as much as 45.37% with than $8.3 billion USD total.
Video - The History Of Kia Motors
Kia was established in December 1944 as Kyungsung Precision Industry, a producer of steel tubing and bike parts, in the long run delivering Korea's first local bike, the Samchully, in 1951. In 1952, Kyungsung Precision Industry's name was changed to Kia Industries, and later manufactured small Honda-licensed motorcycles (beginning in 1957), Mazda-authorized trucks (1962) and autos (1974). The organization opened its automotive factory in 1973, the Sohari factory. Kia manufactured the small Brisa auto line until 1981, when creation reached an end after Chun Doo-hwan, the new military dictator enforced industry consolidation. At this point, Kia forced to stop building passenger automobiles and concentrate altogether on light trucks. Prior to the 1981 shutdown, Kia filled out it's passenger auto lineup with a pair of foreign models assembled under license: the Fiat 132 and the Peugeot 604.
Beginning in 1986 (when just 26 autos were produced, trailed by more than 95,000 the following year), Kia rejoined the car business in a partnership with Ford. Kia manufactured a few Mazda-based vehicles for both domestic purchases in South Korea and for export into different nations. These models incorporated the Kia Pride, based upon the Mazda 121, and the Avella, which were marketed in the U.S. and Australasia as the Ford Festiva and the Ford Aspire.
Kia Motors America was incorporated in the U.S. 1n 1992. The first vehicles carrying the Kia brand in the United States were sold in 1994 from just four dealerships in
Portland, Oregon. Since then, Kia expanded from one region at a time. In 1994, dealers sold the Sephia; and a couple of years later U.S. Dealers were selling the Sportage. By 1995, More than one hundred Kia dealerships existed in thirty states, selling a record 24,740 automobiles.
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- Forte Koup
2012 Kia Rio Under the hood is a new 1.6-liter four-cylinder engine with direct-injection technology. With 138 horsepower on tap and 37
to 42 mpg EPA highway, the Rio is one of the most powerful and efficient
cars in its segment: on paper. Performance proves to
be better than average in the real world.
2009 Kia Sportage - Kia Gallery
2011 Kia Optima Sedan
2015 Kia Rio
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