Kia
Kia Motor Corporation is a South Korean company who sell their automotive products to various countries around the globe. The company is based in Seoul from where they control their operations. As per 2016 records, the revenue of the company was KRW 52.713 trillion, whereas their total assets during the same duration were KRW 50.889 trillion. There are more than 53,200 people controlling their operations globally. The company work as the wholly owned subsidiary of Hyundai Motor Company. The slogan of the company is “The Power to Surprise”. The company trade publicly on Korean Stock Exchange. The annual sales of the company are more than 3.3 million vehicles.
They are the major sponsors of many sports events, such as Asian Games, UEFA European Championship, X Games Asia, Australian Open, FIBA Asia Championship, and Korea Speed Festival.
The company was established in 1944 as Kyungsung Precision Industry. They changed their name in 1952. They sell their products in all the countries except Japan.
Kia Operations
The majority of company’s
manufacturing plants are situated in South Korea in cities, such as Gwangju, Seosan, Gwangmyeong, and Hwaseong. In addition to their home country, the company has factories in many other countries that include Vietnam, Mexico, China, Slovakia, China, India, and United States. The company manufactures many different types of vehicles that include passenger cards, hybrid electric vehicles, commercial vehicles, SUVs, and vans. Some of the most popular models are Forte Koup, Ray, Stinger, Sorento, Granbird, and Kia Ray Plug-in hybrid.
