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As of 2015, Kia is owned by Hyundai, which holds a 33.88% stake valued at just over US$6 billion. Kia in turn is a minority owner of more than twenty Hyundai subsidiaries ranging from 4.9% up to 45.37%, totaling more than US$8.3 billion.
The group was formed through the purchase of 51% of Kia by Hyundai Motor Company in 1998. As of 2011, Hyundai owns 33.7% [5] of Kia Motors.. On 22 May 2022, the Hyundai Motor Group announced the company would invest an additional $5 billion in the United States by the year 2025.
Currently, the company owns 33.88 percent of Kia Corporation, [5] and fully owns two marques including its luxury cars subsidiary, Genesis, and their electric vehicle brand Ioniq. [ 6 ] [ 7 ] [ 8 ] The three brands altogether make up the Hyundai Motor Group .
The group, which owns the Hyundai and Kia brands, held the groundbreaking ceremony on Sunday in Ulsan, where the carmaker built its first assembly plant in 1968.
JAC Motors assembles JAC brand vehicles via a joint venture with Mexican firm Giant Motors. KIA CORP. ... The Franco-Italian-American group also owns two assembly plants in Ontario, Canada ...
Kia Corp. will invest $200 million in its Georgia factory to begin producing an electric-powered SUV, the company announced Wednesday. The South Korean company said it would hire an additional 200 ...
Hyundai branded vehicles are manufactured by Hyundai Motor Company, which along with Kia forms the Hyundai Kia Automotive Group.Headquartered in Seoul, South Korea, Hyundai operates in Ulsan the world's largest integrated automobile manufacturing facility, [2] which is capable of producing 1.6 million units annually.
Daewoo (GM owns 44%) Fiat (GM has decided to divorce itself from Fiat as of Feb '05, but will retain 10% ownership.) GMC; Holden (brand discontinued in 2020) Hummer (brand discontinued in 2010, reintroduced as a GMC model in 2021 and 2023) Oldsmobile (brand discontinued in 2004) Pontiac (brand discontinued in 2010) SAAB Automobile (brand ...