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Kia Motors America Posts Total July Sales Of 52,479 Vehicles Vs. 53,405 Vehicles
Kia Motors July Global Sales Down 3% Y/Y To 219,901 Vehicles
Kia Motors Says Q2 Operating Profit 145 Billion Won, Down 73% From Year Earlier
Kia Motors Corp is a Korea-based company principally engaged in the manufacture and distribution of automobiles. The Company's products include passenger vehicles, recreational vehicles (RVs), taxi, bus, commercial vehicles as well as hybrid vehicles under the brand names of K3, K5, K7, K9, Soul, Sedona, Sorento, Sportage and others. The Company also engaged in the manufacture of automobile components, as well as prevision of rental and maintenance services. The Company sells its products in domestic and overseas market such as North America, Europe and other Asian countries.
Auto & Truck Manufacturers
12, Heolleung-ro, Seocho-gu
Han Wu Park
Chairman of the Board, President, Co-Chief Executive Officer
Jun Yeong Choi
Co-Chief Executive Officer, Vice President, Director
Ui Seon Jung
Senior Vice Chairman of the Board
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Hyundai Motor Group leader Euisun Chung said on Tuesday flagship Hyundai Motor and sister company Kia Motors aim to sell 1 million electric vehicles (EVs) in 2025, together targeting over 10% of global market share of EVs.
The U.S. National Highway Traffic Safety Administration (NHTSA) said on Wednesday it has opened two investigations into reports of headlight failures in 392,000 Kia Sorento sport utility vehicles and steering issues in 781,000 General Motors vehicles.
* KIA MOTORS' S.KOREA SOHARI PLANT SUSPENDED OPERATION FOR ONE DAY ON THURS AFTER A WORKER TESTED POSITIVE FOR COVID-19 - SPOKESMAN Further company coverage: (Reporting by Joyce Lee)
Hyundai Motor Group, which includes Hyundai Motor and its sister company Kia Motors has picked LG Chem as one of the battery suppliers for its upcoming new electric vehicles, a group spokesman said on Wednesday.
* HYUNDAI MOTOR, KIA MOTORS TO REOPEN U.S. CAR FACTORIES ON MAY 4 AS SCHEDULED -SPOKESMAN
Korean carmaker Kia plans to offer insurance in Europe which protects clients from having to make monthly payments on a new vehicle if they lose their job, a scheme designed to entice reticent customers back into showrooms after the coronavirus shutdown.
* KIA MOTORS TO SUSPEND ITS GWANGJU PLANT FROM APR 27-29, MAY 6-9 IN RESPONSE TO DROPPING EXPORT ORDERS AFFECTED BY COVID-19-UNION OFFICIAL Further company coverage:
South Korea's Hyundai Motor Co said on Thursday it expects only a modest recovery in Chinese auto demand and weak sales elsewhere this year after the coronavirus pandemic caused first-quarter vehicle sales to tumble 18%.
South Korean automaker Kia Motors plans to suspend operations at two of its domestic factories from April 27 to May 10 and again between May 22 to 25, a union official said on Thursday.
Kia Motors Corp told its labour union in South Korea that it wants to suspend operations at three of its domestic factories as the coronavirus outbreak weighs on exports to Europe and the United States, a union official said on Monday.
* KIA MOTORS: GEORGIA, U.S. PLANT SUSPENSION TO BE EXTENDED UNTIL APRIL 24 -SPOKESMAN Further company coverage: (Reporting by Joyce Lee)
A South Korean contract manufacturer for Kia Motors' compact vehicles has suspended production, a company official said on Monday, citing a drop in overseas demand as the coronavirus outbreak has spread across Europe.
South Korea's Kia Motors Corp is considering making face masks at its Chinese factory to help battle the spread of the coronavirus, a spokesman said on Wednesday.
* KIA MOTORS TO SUSPEND GEORGIA PLANT IN U.S. FROM MARCH 30 FOR TWO WEEKS IN RESPONSE TO CORONAVIRUS SPREAD Further company coverage:
* KIA MOTORS INDIA HAS DECIDED TO SUSPEND ALL ITS OPERATIONS WITH IMMEDIATE EFFECT - STATEMENT Further company coverage:
Hyundai Motor reported its lowest monthly global sales in a decade in February as the coronavirus outbreak hurt demand, in what is the first major indicator of damage to the broader auto sector from the epidemic.
* KIA MOTORS: GLOBAL SALES DOWN 5% IN FEB FROM YEAR EARLIER Further company coverage: (Reporting by Joyce Lee)
Hyundai Motor <005380.KS> and sister firm Kia Motors <000270.KS> will gradually increase production in South Korea from Feb. 11, the companies said in a statement on Monday.
Kia Motors is suspending production at its three car plants in South Korea due to a shortage of auto parts, a company official said on Monday.
South Korea's Kia Motors is discussing with the Indian state of Tamil Nadu the possibility of moving a $1.1 billion plant out of neighbouring Andhra Pradesh only months after it fully opened, due to policy changes last year, sources close to the talks told Reuters.
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