Kia Motors America, Inc. · Irvine, CA United States
Company Description
View Kia Motors America, Inc. Locations On A US Map
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This link will open in a new window With a growing stable of models and a generous 10-year/100,000 mile warranty, Kia is turning more and more heads in the US. Kia Motors America is the US marketing, sales, and service subsidiary of South Korea-based Kia Motors . Models sold in the US include the Amanti (premium sedan), Borrego (luxury SUV), Forte (two-door coupe), Optima (sedan), Sorento (compact SUV), Sedona (minivan), Sportage (SUV), Spectra (four-door and five-door), Rio (compact sedan), Rondo (crossover), and Soul (urban passenger vehicle). Kia Motors America has 640 dealerships all over the US. Fellow Korean automaker Hyundai Motor controls nearly 40% of Kia Motors. To read the full description, subscribe now.
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Key Kia Motors America, Inc. Financials
| Company Type | Subsidiary Headquarters |
| Fiscal Year-End | December |
| Employees | 500 |
Kia Motors America, Inc. Executives
18 executives listed for Kia Motors America, Inc.'s Irvine, CA location.
| Title | Name & Bio | Contact |
| President and CEO | Byung Mo Ahn | Network |
| CFO | N.K. Kim | Network |
| VP Sales | Tom Loveless | Network |
Competition
Competitive Landscape for Kia Motors America, Inc.
Demand is driven by employment and interest rates. The profitability of individual companies depends on manufacturing efficiency, product quality, and effective marketing. Large companies have economies of scale in purchasing and marketing; smaller companies can compete by focusing on specialized markets. The industry is capital-intensive: average annual revenue per employee is nearly $2 million. US-based automakers compete with numerous foreign rivals, including companies such as Toyota, Honda, and Nissan that have extensive auto assembly operations in the US. Through stateside manufacturing capacities and exports to the US, foreign carmakers collectively have about half of the US market. US auto manufacturers' financial positions have deteriorated dramatically in recent years. The "Detroit Three" (Chrysler, Ford, and GM) have suffered from import competition and high cost structures. High gas prices, few small car offerings, and near record-low consumer demand during the late 2000s recession drove Chrysler and GM into bankruptcy, where their debts were restructured. Chrysler and GM also received billions in loans from the US and Canadian governments. Ford, which has joined GM and Chrysler in various government incentive programs but has not received direct federal investment, avoided bankruptcy largely due to more than $20 billion in secured and unsecured loans it took out in 2006. To read the full description, subscribe now.Top Kia Motors America, Inc. Competitors
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