H. Yoo
Research expert covering South Korea
Kia Motors - Statistics & Facts
Initially, Kia started out as a manufacturer of steel tubes and bicycle parts. After peer rival Hyundai helped the Kia Motors Corporation beat bankruptcy in the wake of the Asian financial crisis, the automaker is ranked a s the second largest South Korea-based automobile manufacturer today. As a result of Kia’s woeful past, the carmaker is about 33 percent owned by South Korea’s largest automobile manufacturer, the Hyundai Motor Company. In many rankings, the Hyundai-Kia alliance is listed as one company.
