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Kia Motors Corporation Company Profile
During tough economic times, a generous warranty coupled with lower-than-Japan and Detroit prices translates into sales for South Korea's #2 carmaker (behind Hyundai Motor). Kia Motors produces more than 2 million vehicles a year at 13 manufacturing and assembly plant in eight countries. Its compact Kia picanto is the second-best selling car in South Korea. Other popular models include the Forte, the Sorento, and the Soul. Kia also makes a number of commercial vehicles. Its high-capacity plants outside Korea are in the US, Slovakia, and China. After Korea, Kia's second-largest market is the US. Part of the Hyundai Kia Automotive Group, Kia operates as an affiliate of Hyundai Motor, which owns about a third of its stock.
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