Kia Motors Corporation, headquartered in Seoul, South Korea’s second-largest automobile manufacturer, followed the Hyundai Motor Company, with sales of more than 2.7 million vehicles in 2012, nearly 2.75 million vehicles in 2013. Since December 2013, the company 33.88% owned of the Hyundai Motor Company.
According to Kia Motors, the name “Kia” derives from the Sino-Korean words ki and is about as “arise or come from Asia” or “rising out of Asia” translated. South Korea’s oldest car company, Kia was founded on June 9, 1944, as a manufacturer of steel tubing and bicycle parts by hand – and has operated as one of the chaebols in the country since then. In 1951 Kia began building complete bicycles. 1952 Kia changed its name from Kyungsung Precision Industry, and later built motorcycles (from 1957), trucks (1962), and Cars (1974). The company opened its first integrated automotive assembly plant in 1973, the Sohari Plant. Kia Brisa built a small range of cars until 1981 when production came to an end after the new military dictator Chun Doo-hwan forced consolidation of the industry, which means had to give Kia cars and focus entirely on light commercial vehicles.
From 1986 Kia automotive industry replied in partnership with Ford. Kia produced several Mazda-derived vehicles for both domestic sales in South Korea and for export to other countries. These models include the Kia Pride, based on the Mazda 121, and the Avella, which sold in North America and Australasia as the Ford Festiva and Ford Aspire. In 1992 was taken by Kia Motors America in the United States. The first Kia-brand vehicles in the United States were sold from four dealerships in Portland, Oregon in February 1994. Since then, Kia expanded methodically one region at a time. Dealers in 1994 sold the Sephia, and a few years later, the United States line expanded with the addition of the Sportage. By 1995 there were over a hundred Kia dealers in thirty states, selling a record 24,740 cars.
But see during the Asian financial crisis, said Kia bankruptcy in 1997; 1998 Hyundai Motor Company 51% of the company surpassed Ford Motor Company, since 1986. After the subsequent divestments, Hyundai Motor Company owns less than 50% of the Company’s interest in Kia Motors had possessed. Since 2005, Kia has focused on the European market and design as “core future growth engine” leading to the hiring of Peter Schreyer in 2006 as chief designer and his subsequent creation of a new corporate grille as “Tigers are known and identify Nose”. In October 2006, Kia Motors America broke ground for Kia Motors Manufacturing Georgia in West Point, Georgia, which is a $1 billion dollar investment for the company. Kia Motors Manufacturing Georgia opened in February 2010 after Kia recorded its 15th consecutive year of increased US market share.
In August 2014, the company received international attention when Francis Catholic Church went into one of its compact cars, the Kia Soul, during a five-day visit to South Korea. The Kia Soul drew more attention than two other of used vehicles from the Pope, the Kia Carnival and Hyundai Santa Fe because it appeared in the prestigious welcoming ceremony of his arrival at Seoul airport on 14 August.
Kia Design Focus
From 2006 Kia design was identified as “core future growth engine” leading to the setting of 2006 as chief designer Peter Schreyer. Schreyer had before the Design Award of the Federal Republic of Germany awarded at Audi active (design of the Audi TT) and Volkswagen. Schreyer has since become central to a complete redesign of Kia’s lineup, overseeing design activities in the Kia Design Center in Frankfurt, Los Angeles, Tokyo, and Namyang Design Center in Korea.
The Kee concept car at the Frankfurt Motor Show in 2007 showed Kia introduced a new corporate grille a recognizable “face” for the brand to create. Known as the Tiger Nose, Schreyer stated he is a powerful visual signal, a seal, an identifier. The front of a car needs this recognition, this expression would. “A car needs a face and I think the new Kia face is strong and distinctive. Visibility is crucial and face immediately you can have a Kia also identified from a distance “Commenting on the new signature grille in 2009:” from now on, we will have it on all our cars. ”
The end of 2012, Kia Motors had error in inflating its EPA mileage recognize claims and had around 3 percent to reduce claims in the US across the board and to provide compensation to former vehicle purchase his fuel consumption.
Kia Motors sponsors the following sports teams, events, and athletes. Sports associations, including FIFA, UEFA, ACB league, the National Basketball Association (NBA), and Women’s National Basketball Association (WNBA).