23 Facts About Kia Corporation


Kia Corporation in turn is a minority owner of more than twenty Hyundai subsidiaries ranging from 4.

FactSnippet No. 1,274,631

Kia Corporation opened its first integrated automotive assembly plant in 1973, the Sohari Plant.

FactSnippet No. 1,274,632

Kia Corporation built the small Mazda-based Brisa range of cars until 1981, when production came to an end after the new military dictator Chun Doo-hwan enforced industry consolidation.

FactSnippet No. 1,274,633

Kia Corporation assembled a few hundred more cars in 1982 and 1983, after the ban had taken effect, but no passenger cars were built in 1984 and 1985.

FactSnippet No. 1,274,634

The import of these knock-down kits was permitted as long as Kia Corporation exported five cars for every single Fiat or Peugeot brought in .

FactSnippet No. 1,274,635

Kia Corporation produced several Mazda-derived vehicles for both domestic sales in South Korea and for export into other countries - where they were positioned at the budget end of the market.

FactSnippet No. 1,274,636

The first Kia Corporation-branded vehicles in the United States were sold from four dealerships in Portland, Oregon, in 1992.

FactSnippet No. 1,274,637

Kia Corporation declared bankruptcy in 1997, during the Asian financial crisis, and in 1998 reached an agreement with Hyundai Motor Company to diversify by exchanging ownership between the two companies.

FactSnippet No. 1,274,638

Since 2005, Kia Corporation has focused on the European market and has identified design as its "core future growth engine"—leading to the hiring of Peter Schreyer in 2006 as chief design officer and his subsequent creation of a new corporate grille known as the 'Tiger Nose'.

FactSnippet No. 1,274,639

Kia Motors Manufacturing Georgia opened in February 2010, after Kia recorded its 15th consecutive year of increased U S market share.

FactSnippet No. 1,274,640

In November 2009, Kia started production at the first U S Kia Motors plant, Kia Motors Manufacturing Georgia, in West Point.

FactSnippet No. 1,274,641

When Kia Corporation launched in Europe during 1991, it initially sold only the Pride supermini—a rebadged version of the late 1980s Mazda 121.

FactSnippet No. 1,274,642

From 1995 to 1999, Kia Corporation produced left- and right-hand drive versions of the first generation Sportage SUV at the Karmann factory in Osnabruck, Germany.

FactSnippet No. 1,274,643

Kia Corporation did not enter Europe's large family car market until the launch of its Clarus four-door sedan in 1999—a year behind schedule due to the financial difficulties that Kia Corporation was facing before it was taken over by Hyundai.

FactSnippet No. 1,274,644

In late 2006, Kia Corporation opened its first own plant in Europe at a cost of approximately EUR 1.

FactSnippet No. 1,274,645

Kia Corporation has built a production facility on a Greenfield land in Anantpur district, Andhra Pradesh near Penukonda.

FactSnippet No. 1,274,646

Kia Corporation oversaw the construction of Kia's first manufacturing facility in India, to help strengthen the company's position in the fifth largest global automotive market.

FactSnippet No. 1,274,647

Kia Corporation Lucky Motors is a joint venture in Pakistan between Kia Corporation Motors and Lucky Cement.

FactSnippet No. 1,274,648

Kia Corporation Motors has specialized in the production of military vehicles with variants and other transportation equipment and by supplying them as a sole maker of military vehicles designated by the South Korean Government since 1976, when Kia Corporation Heavy Industry Co.

FactSnippet No. 1,274,649

Kia Corporation is the owner of the former ex-Asia Motors factory in Gwangju.

FactSnippet No. 1,274,650

Schreyer has since been central to a complete restyling of Kia Corporation's line-up, overseeing design activities at Kia Corporation's design centers in Frankfurt, Los Angeles, Tokyo, and the Namyang Design Center in South Korea.

FactSnippet No. 1,274,651

In late 2012, Kia Motors was forced to admit error in inflating its United States Environmental Protection Agency mileage claims and had to reduce its fuel economy claims in the U S by about 3 percent across the board and to offer compensation to previous vehicle buyers.

FactSnippet No. 1,274,652

Since 2014, Kia Corporation Motors has been involved in controversies in Mexico due to alleged irregularities in the construction of one of its manufacturing plants, located in the municipality of Pesqueria, Nuevo Leon.

FactSnippet No. 1,274,653