Are the companies from the same larger supervisor (ex., Chevy and GMC are both from General Motors; Lincoln and Mercury are both from Ford Motor Company, etc.)? Are they related or seperate and are they American or foreign?
2007-08-24 18:52:20 · 10 answers · asked by DJC 5 in Cars & Transportation ➔ Car Makes ➔ Hyundai
Yes! Kia's bankruptcy in 1997 resulted in the company being acquired in 1998 by South Korean rival Hyundai Motor Company.
Kia Motors America is the United States subsidiary of the Kia Motors company, itself part of the Hyundai Motor Group.
2007-08-24 18:58:19 · answer #1 · answered by Bloodshot Scott 2 · 4⤊ 0⤋
Is Kia And Hyundai Related
2017-01-12 09:14:16 · answer #2 · answered by alisme 4 · 0⤊ 0⤋
Kia and Hyundai are both headquartered in Seoul, South Korea. Kia is the second largest automobile manufacturer after Hyundai. They are 2 separate companies, but Hyundai has a 32.8% stock ownership of Kia. This is similar to what Ford did with Mazda a few years back. They have a majority stake and can influence what path the company takes, but they are still 2 separate companies.
2016-03-17 01:14:15 · answer #3 · answered by Anonymous · 0⤊ 0⤋
Kia is owned by Hyundai, the Kia Rio and the Hyundai Accent have the same powertrain. Hyundai also owns Daewoo, which are now being sold as Chevy Aveo's now.
2007-08-24 20:17:07 · answer #4 · answered by Catcanscratch 5 · 2⤊ 0⤋
Yes... After KIA bankruptcy, it was bought by Hyundai.. Just like Toyota and Daihatsu.. As for now, there are so many KIA engines that be used by Hyundai..
2007-08-24 19:40:39 · answer #5 · answered by datsu 3 · 2⤊ 0⤋
This Site Might Help You.
RE:
Are Kia and Hyundai related to each other?
Are the companies from the same larger supervisor (ex., Chevy and GMC are both from General Motors; Lincoln and Mercury are both from Ford Motor Company, etc.)? Are they related or seperate and are they American or foreign?
2015-08-18 16:13:52 · answer #6 · answered by Braden 1 · 0⤊ 0⤋
Yes Hyundai bought Kia and right now they share the same platforms, Engines eg. The Accent shares everything with the Rio, and Elantra with Spectra, Entourage with Sedona, Tucson with Sportage, Santa Fe with Sorento, Sonata with Optima , Azera with Amanti.
It is a South-Korean Company that builds absolutely reliable cars.
2007-08-31 09:34:20 · answer #7 · answered by The Half-Blood Prince 3 · 0⤊ 0⤋
Daewoo went bankrupt in america an screwed many people over....
But to answer you question...yes, Kia is owned by Hyundia...
2007-08-28 08:44:17 · answer #8 · answered by tll 6 · 0⤊ 0⤋
Hyundai also owns Daewoo?
no. daewoo owned by GM.
2007-08-25 06:23:51 · answer #9 · answered by Anonymous · 4⤊ 0⤋
Yes, their related.
2007-08-26 13:56:47 · answer #10 · answered by Anonymous · 1⤊ 0⤋