History Kia Motors' South Korean factory Kia logo from 2012 to 2021 Origins and early expansion
Kia in turn is a minority owner of more than twenty Hyundai subsidiaries ranging from 4.9% up to 45.37%, totaling more than US$8.3 billion.Īccording to the company, the name "Kia" derives from the Sino-Korean characters 起 ( ki, 'to arise') and 亞 ( a, which stands for 亞細亞, meaning 'Asia') it is roughly translated as "Rising from ( East) Asia". As of 2015, the Kia Corporation is minority owned by Hyundai, which holds a 33.88% stake valued at just over US$6 billion. It is South Korea's second largest automobile manufacturer, after its parent company, Hyundai Motor Company, with sales of over 2.8 million vehicles in 2019.
Kia Corporation, commonly known as Kia ( Korean: 기아 Hanja: 起亞 RR: Gia MR: Kia, IPA: ) and formerly known as Kyungsung Precision Industry (京城精密工业) and Kia Motors Corporation, is a South Korean multinational automobile manufacturer headquartered in Seoul, South Korea.
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