The
company Kia Motor has the distinction of being the oldest car manufacturer in
South Korea. Kia did not
start as any car manufacturer. Kia
actually started in 1944 as a manufacturer of steel tubes and bicycles. Originally
called Kyungsung Precision Industry, it changed its name to Kia when it started
producing motor vehicles such as motorcycles, trucks and cars.
Today,
Kia Motors is a subsidiary of Hyundai Kia Automotive Grove and is the second
largest automaker in South Korea. Kia
Motors also maintains a presence in America and Kia Motors America and October
20, 2006 began construction of its first assembly plant in West Point, Georgia.
Kia
Motors is successful in the European market and is now the company's fastest
growing car in the UK.Kia name was derived from the word ki Sino-Korean, which means to leave, and the word which means Asia. 1986 Kia has partnered with Ford to produce different Mazda based vehicles for sale in South Korea and export to other countries.
Kia has officially arrived in the US in 1992, however; It was 1994 before the first Kia would be sold in the United States. Kia suffered tremendously lost in 1997 in the context of the financial crisis experienced by Asia during this period. The company was forced to declare bankruptcy and was acquired by Hyundai Motor Company. Because Ford had owned a portion of Kia in 1986, he also tried to acquire the company, however, Hyundai has managed to overtake Ford and Ford lost everything, but had an interest in the business before.
Today, Kia Motors has been reorganized and now offers vehicles through 640 dealers across the United States. Kia has had some success in the European market. Kia maintains a presence in Europe as well. Kia Motors Europe is the group sales division in Europe and marketing of Kia Motors Corporation. Kia Motors has been on the European market for a little over 16 years. Kia has certainly come a long way since its first offer one model. Today, Kia has increased midsize and full-size sedans for the biggest SUV. The Sportage, Kia SUV has been popular in Europe since its launch and the introduction of Sedona, cheaper than full-size SUV in the UK, it is difficult for a deceleration image for Kia at any time in near future.
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