Kia Motors Corporation
Mar 06, 2013 03:23 EST
South Korean car manufacturer Kia on Tuesday said it will not sell its "Provo" model in Britain, placating Northern Ireland loyalists offended by the name's connotations.
Mar 01, 2013 19:29 EST
US auto sales grew four percent in February amid rising fuel prices, snowbound dealerships and uncertainty over the impact of looming government budget cuts on a fragile economy, data showed Friday.
Feb 28, 2013 11:19 EST
Old Trafford, one of England's most historic cricket grounds, is to be known formally as Emirates Old Trafford for the next 10 years after Lancashire announced a sponsorship agreement with the airline.
Feb 21, 2013 01:39 EST
South Korea's incoming president Park Geun-Hye has signalled her administration's willingness to step in to stabilise the won and protect exporters battling a stronger Korean currency and a weaker yen.
Feb 16, 2013 22:48 EST
As meltdown menaces Europe's steel sector, Slovakia is scrambling to keep U.S. Steel -- the country's largest single employer -- from selling off a mammoth factory in Kosice, a gritty eastern industrial hub.
Feb 13, 2013 14:00 EST
French automaker Peugeot Citroen reported a record loss of 5.0 billion euros on Wednesday but said it was on the road to recovery from crisis, and the government insisted that nationalisation is not on the agenda.
Feb 03, 2013 06:42 EST
A surging won and waning yen are eroding the bottom lines of South Korea's export powerhouses who are feeling the pinch after years of gobbling up global market share from their Japanese rivals.
Jan 24, 2013 23:00 EST
South Korea's Kia Motors on Friday reported a 6.7 percent fall in its fourth-quarter net profit, blaming a stronger won and compensation payouts to US customers for inflated gas-mileage claims.
Jan 24, 2013 02:38 EST
South Korea's Hyundai Motor reported a 12 percent increase in net profit for 2012, despite the twin challenges of a strengthening won and a global downturn that sapped demand.
Jan 20, 2013 07:10 EST
Kachin ethnic minority rebels in war-torn northern Myanmar accused the military of launching a fresh attack Sunday, just days after a ceasefire pledge by the country's reformist government.
Jan 19, 2013 05:04 EST
Kachin rebels cast doubt Saturday over a Myanmar government pledge to end a military offensive after weeks of intense fighting that sparked international concern, amid reports of fresh shelling.
Jan 16, 2013 06:48 EST
European auto sales plunged to the lowest point for 17 years in 2012, trade data showed on Wednesday, revealing the dire state of the sector despite the global strength of German automakers.
Jan 10, 2013 12:16 EST
South Korean car maker Kia Motors said on Thursday that it had raised output by 15 percent at its Slovak plant last year, assembling 292,000 cars despite a gloomy outlook for the European Union -- its key export market.
Jan 03, 2013 19:21 EST
US auto sales jumped 13.4 percent in 2012 to their best performance since the crash of 2008, as better economic times, hot new models and the need to replace ageing vehicles drew consumers to showrooms.
Jan 02, 2013 03:38 EST
South Korea's top automaker, Hyundai Motor Group, forecast Wednesday a modest 4.1 percent increase in car sales this year to 7.4 million units, with a strong won harming competitiveness.
Dec 04, 2012 14:47 EST
Slovakia on Tuesday scrapped its trademark 19 percent flat tax, replacing it with higher taxes on the rich, politicians and corporations as of 2013 amid trying economic times in Europe.
Nov 21, 2012 10:00 EST
The United States Steel Corporation wants to sell its Slovak unit in part because of EU environmental regulations and because of high commodity prices, Slovakia's Prime Minister Robert Fico said on Wednesday.
Nov 08, 2012 13:20 EST
South Korean car maker Kia Motors said Thursday that it had exceeded last year's record output of 252,000 cars by November at its Slovak plant fuelled by high demand, this despite Europe's economic downturn.
Nov 05, 2012 01:15 EST
Shares of South Korea's largest carmaker Hyundai Motor and its affiliate Kia Motors plunged on Monday after they were found to have exaggerated the fuel efficiency of their vehicles sold in North America.
Nov 02, 2012 14:20 EDT
South Korean automakers Hyundai and Kia said Friday they will reimburse car owners in the United States and Canada for having exaggerated the fuel efficiency of their vehicles.
Facts from the Wikipedia page:
|Headquarters||Seoul, South Korea|
|Number of locations||Main Plant Locations: Hwaseong Plant, Hwaseong, South Korea; Sohari Plant, Gwangmyeong, South Korea; West Point Plant, Georgia, USA; Kwang-Ju Plant, Gwangju, South Korea; Seosan Plant, Seosan, South Korea; Slovakian Plant, Žilina, Slovakia|
|Key people||Byung-Mo Ahn: Group President and CEO Kia Motors America and Kia Motors Manufacturing Georgia|
|Products||Automobiles; over 1,000,000 sold last year.|
|Employees||57,000 (as of July 10, 2009)|
|Parent||Hyundai Kia Automotive Group|