Tuesday, November 23, 2021

Is Kia owned by Hyundai?


Is Kia owned by Hyundai?
Hyundai and Kia are both headquartered in South Korea, and Hyundai owns 33.8% of Kia Motors. Kia Motors was founded all the way back in 1944, while Hyundai was founded separately in 1967. ... When Hyundai made its first major purchase of Kia Motors stock in 1998, they acquired 51% of the company.

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