Kia Motors Corporation is headquartered in Seoul, the 2nd big car South Korea’s manufacturer, following the Hyundai Motor Company, with sales of more than 2.7 million vehicles in 2012, nearly 2.75 million vehicles in 2013. From December 2013, the company is 33.88% owned by the Hyundai Motor Company. On 31 December 2014, Hyundai Motor Company has an interest of 33.88% in Kia Motors. Similarly, if by December 31, 2014, Kia Motors is an owner in 19 different Hyundai companies. They ownership percentages ranging from 5.23 to 40%.
Kia Motors Corporation
Kia Motors Corporation (KMC), founded in 1944, is South Korea’s oldest manufacturer of motor vehicles and is now a subsidiary of the Hyundai-Kia Automotive Group. More than 1.5 million vehicles a year produced in 13 manufacturing and assembly operations in eight countries which are then sold and serviced through a network of distributors and dealers that 172 countries. Kia today has 40,000 full-time employees worldwide and annual revenues of more than US $ 14600000000. Kia Motors Corporation’s brand slogan is “the power to surprise.” From August 2009 to December 2012, the company is led by Hyoung-Keun (Hank) Lee.
Kia Motors America
Kia Motors America (KMA) is the US sales, marketing, and distribution arm of Kia Motors Corporation based in Seoul, South Korea. KMA offers a complete line of vehicles through more than 755 dealers across the United States. For 2008, KMA recorded its 14th consecutive year of increased US market share.
In November 2009, Kia started production at the first US Kia Motors plant, Kia Motors Manufacturing Georgia, West Point. From December 2011, the facility construction of the 2012 Kia Sorento crossover vehicle and the 2012 Kia Optima sedan.
Kia Motors Europe
Kia Motors Europe (KME) is the European sales and marketing division of Kia Motors Corporation (KMC). In 2007, KME moved from its previous location on Main 185, Born (near Frankfurt), a new purpose-built facility adjacent to the Messe in Frankfurt city center. From 1995 to 1999, Kia produced left and right drive versions of the Sportage SUV at the Karmann factory in Osnabrück, Germany. From 1999 ceased to produce the model in 2003, returned all Sportage production to South Korea.
Kia began exporting cars to Europe in mid-1991, initially selling the Pride mini-car. It initially proved popular with buyers, but sales at the end of the decade, and the end of production was finally announced in May 2000, and its successor – the Rio – not going to buy for another year. By the end of 1991, Kia Prides nearly 1,800 sold in the UK. The first full year, 1992, this figure double, and, in 1993, it increased again to almost 5,500 units.
The European Tour expanded in 1994 when Kia began importing the larger Mentor, a variety of medium-sized hatchbacks and sedans that are so cheap and well-equipped alternatives to the likes of the Ford Escort and Vauxhall / Opel Astra market. A facelift in 1999, retains the name Mentor for the sedan (saloon), but the hatchback was renamed Shuma. These models remained sale until 2004 when the new Cerato was launched and Kia one of its first serious competitors to mainstream brands.
The Sportage SUV range, first sold in 1995, is popular in Europe, but since 2002, the Kia more sales in this market due to the introduction of the larger Sorento gained. Kia completed Slovakia Zilina plant with annual capacity 300,000. Although the European car market this significant problem, Kia broadcast increased sales in 2013.
Kia Motors Mexico
The company is building a $ 1000000000 manufacturing plant in the northern Mexican state of Nuevo Leon, which 300,000 cars will be produced annually. Details of the factory, to be built in the city of Pesquería, came to light in a joint press conference by Kia Motors CEO Hyoung-Keun Lee and the President of Mexico, Enrique Peña Nieto in Mexico City on August 28, 2014 . the plant is expected to will be completed in the first half of 2016.
Kia Motors has specialized in the manufacture of military vehicles with variants and other transportation equipment and by their providing, a sole author of the South Korean government designated military vehicles since 1976, when Kia Heavy Industry Co., Ltd. was established. Kia is currently designing a Kaiser Jeep M715-type vehicle called the KM450 for the South Korean army on license from the US government. Kia is also the owner of the former ex-Asia Motors factory in Gwangju.