Close Menu
    Facebook X (Twitter) Instagram
    Speeli
    • Facts
    • Geography
    • Health
    • History
    • Nature
    • Psychology
    • Science
    • Wiki
    Facebook
    Speeli
    Home - Cars - Who Owns Kia?

    Who Owns Kia?

    By Alex WilliamsJanuary 31, 2024
    JAN23 Who Owns Kia 1

    Buying a car? Which one? You will come across such questions while buying a car. But what do you know about the car which you plan to purchase? KIA cars are a trend these days because of their sleek design and good performance. If you are from India and looking forward to purchasing a KIA car, get to know whether is KIA a good car. By the way, the name KIA is unfamiliar to many people out there. Do you know who owns KIA? Let’s begin and find it out.

    1. What is KIA?

    Founded in May 1944, KIA is the oldest motor vehicle manufacturer in Korea. Initially, the company was named Kyongsang Precision Industry which manufactured motorcycles and bicycles, but soon KIA motor corp. Engaged in the manufacturing and sale of motor vehicles, the name KIA is derived from the Sino-Korean word ki meaning to come out and stand for Asia. Roughly it is translated as rising out of Asia or coming up out of Asia. (Also read Where is Kia Made?)

    2. Who Owns Kia?

    In 1987, KIA entered the automobile industry in partnership with Ford. After that KIA started manufacturing cars in huge numbers and soon entered the automobile market in the United States. But in 1998 Hyundai acquired 51% of the shares in the company and outbid Ford Motor Company. Now, Hyundai Motor Company owns about 33.88% of a stake in KIA because of subsequent disinvestment. However, KIA is still a subsidiary company of its parent company Hyundai Motor Group. Continue reading to know more about KIA motors India. (See Who Owns Subaru?)

    3. Are Hyundai and KIA Same Company?

    No, they are not the same. It is just that Hyundai is the parent company of KIA. In 1997, KIA Motors filed for bankruptcy and Hyundai Motors purchased it to keep the company afloat. But this deal does not influence the brand philosophies of both motors.

    4. Who is KIA Company Owner?

    After 1998, KIA became a subsidiary company of Hyundai Motor Corporation. Even though the stake percentage of Hyundai in KIA Corporation has declined over the years, Hyundai Motor Company is considered the KIA company owner. Check out Who Owns the Chicago Bears?

    5. Who Manages KIA Motors India?

    On 30 September 2021, KIA India (KIN) announced that the role of Managing Director and CEO of KIA Motors India will be taken over by Tae-Jīn Park. He succeeded Kook Hyun Shim, MD and CEO of KIA India at that time for this position. The decision was effective from 4 October 2021. Mr. Park has been working as Executive Director and Chief Sales & Business Strategy Officer (CSBO) in KIA India since January 2020. 

    6. When was KIA Manufacturing Plant in India Established?

    KIA India signed a memorandum of association (MOA) with the State Government of Andhra Pradesh in India. The agreement was to build a new manufacturing plant in Anantapur District in 2017. Since then, the KIA manufacturing plant in India has launched 3 car models for the Indian market.

    • The Seltos
    • The Carnival
    • The Sonet

    Who owns KIA in your family? The demand for KIA cars was increasing. KIA sold around 300,000 cars within 2 years of incorporation in India. The company became the youngest brand to become the 4th largest automobile manufacturer in India. Must see What is Blue Title Meaning in Cars?

    7. Is KIA a Good Car?

    JAN23 Who Owns Kia

    Yes, KIA cars are a good choice. Their reliability is rated above average, and they are the 4th largest car manufacturer in the world. They offer the best new car warranties and a factory warranty that is almost double what other car manufacturers offer.

    Besides that, here are some points that ensure KIA is a good car.

    • Bumper-to-bumper warranty: 5 years or 60,000 miles
    • Powertrain warranty: 10 years or 100,000 miles
    • Anti-perforation warranty: 5 years or 100, 000 miles
    • Roadside assistance plan: 5 years or 60,000 miles

    Properly maintained KIA cars tend to run well for a decade and the most significant issues are covered under the warranty itself.

    8. Which KIA Car is most Reliable?

    Now that you know who is KIA company owner, let us move forward. As per the data of Motor1, the most reliable KIA car is the KIA Rio. It also requires the least repairs. Apart from the fact that some KIA models look identical, the annual repair costs of most KIA car models are less than other cars. Here is the list of KIA car models and the annual average repair cost you have to bear:

    • KIA Forte $451
    • KIA K900 $697
    • KIA Optima $471
    • KIA Rio $434
    • KIA Sedona $495
    • KIA Sorento $533
    • KIA Soul $437
    • KIA Sportage $462

    NOTE: The amount mentioned here is solely based on the average results of the survey. They can differ from place to place and model to model.

    An extended warranty on the car may help in covering the cost of unexpected repairs. After the initial warranty period ends, the cost to repair and breakdowns of cars will be covered with an extended warranty. Third-party providers also offer extended warranty coverage. Did you notice that Hyundai is the one who owns KIA? (Also read What is a ricer car?)

    9. Which is the most Reliable KIA Car in India?

    KIA cars are considered reliable due to their features, performance, after-sales services, etc. But if you are looking for a reliable car in India, here is a list of fuel-efficient KIA cars.

    Model NameFuel typeFuel tank capacityMileageDriving rangeEngineTransmission
    SonetPetrol and Diesel45 liters18.2 to 24.1 kilometers/liter823.5 kilometers998-1493 ccManual/automatic
    CarensPetrol and Diesel45 liters15.7 to 21.3 kilometers/liter729 kilometers1353-1497 ccManual/automatic
    SeltosPetrol and Diesel50 liters16.1 to 21 kilometers/liter805 kilometers1353-1497 ccManual/automatic
    CarnivalDiesel60 liters12.02 kilometers/liter834 kilometers2199 ccAutomatic (TC)

    So, who owns KIA? This question holds two answers 1 is Hyundai and obviously the other is the person who owns KIA. Is KIA a good car? As for the answer to this question, you read how and why KIA is considered reliable in the automobile market. But is KIA a good car according to you?  (Also read Who Owns Porsche?)

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    alex1
    Alex Williams

    Alex Williams is a PhD student in urban studies and planning. He is broadly interested in the historical geographies of capital, the geopolitical economy of urbanization, environmental and imperial history, critical urban theory, and spatial dialectics.

    Related Posts

    Illegal Bullet Types

    Illegal Bullet Types: Danger and Regulations

    January 31, 2024
    JAN23 What is Extrusive Volcanism 1

    What is Extrusive Volcanism?

    January 31, 2024
    JAN23 What is Difference Between Fission and Budding 2

    What is the Difference Between Fission and Budding?

    January 31, 2024
    Leave A Reply Cancel Reply

    About

    Welcome to Speeli – your reliable, lightning-fast source of knowledge on the internet.
    Speeli stands for Speedy lists.

    Speeli’s mission is to summarize the internet’s knowledge into Speeli summaries. By doing so we will make the process of finding information extremely fast.

    What Caused Ed and Lorraine Warren’s Death? Controversies and Legacy

    Where is Dominic Coia Now? Brutal Murder of Jason Sweeney

    Where is Sara Ganzer Mistress of Rick Dabate Now?

    Adulterers Ending Explained: Did Sam Murder Ashley and Damien?

    Mindcage Ending, Explained: Who Was the Copycat Killer?

    Let Him Go Ending, Explained: What happened to George?

    The Secret: Dare to Dream Ending, Explained: Did Bray and Miranda End Up Together?

    The Ritual Killer Ending Explained: Why Did Boyd Eat Randoku’s Eyes?

    Dangerous Game: The Legacy Murders Ending Explained

    The Tutor Ending Explained: Will There Be A Sequel?

    ‘Who Invited Them’ Ending Explained: Did Adam Die?

    Into the Deep Ending Explained: Did Jess Survive?

    • About us
    • DMCA
    • Privacy Policy
    • Terms of Service
    • What is Speeli?
    © 2025 Speeli

    Type above and press Enter to search. Press Esc to cancel.