Kia Global Performance. In the 2017 sales down 8.5%

Kia

Kia Motors Corporation is South Korea’s second-largest automobile manufacturer founded in 1944 and headquartered in Seoul. In partnership with Ford, Kia started car production only in 1986 and today is the 8th largest car brand in the World and the second in Korea. However, during the Asian financial crisis, Kia declared bankruptcy in 1997 and in the following year iHyundai Motor Co. acquired 51% of the company. Actually 32.8% of share are controlled by Hyundai.

Kia Global Performance. In the 2017 sales down 8.5%

Kia Global Performance year to date September 2017 is really negative losing 8.5% despite the positive momentum in the Pacific, CIS and Latin America regions. Sales are dragged down by crisis in Korea and China. The best-selling model is again the Sportage.

November 11, 2017