Who Is Kia Owned By

The South Korean multinational automaker Kia Corporation, often known as Kia (Korean: ; Hanja: ; RR: Gia; MR: Kia, IPA: [ki.a]; formerly known as Kyungsung Precision Industry and Kia Motors Corporation), is based in Seoul, South Korea. With sales of more than 2.8 million vehicles in 2019, it surpassed its parent firm, Hyundai Motor Company, to become South Korea’s second-largest automaker. Hyundai owns a 33.88 percent ownership in the Kia Corporation, which is worth at just over US$6 billion as of 2015[update]. The ownership stake Kia holds in more than twenty Hyundai companies, which is worth more than US$8.3 billion, ranges from 4.9 percent to 45.37 percent.

Who is the owner of Kia?

The major automakers with present presences in the United States are listed below, along with the brands they sell.

BMW, Mini, and Rolls-Royce are all owned by BMW Group. Smart and Mercedes-Benz are owned by Daimler AG. Lincoln and Ford are owned by Ford Motor Co. Chevrolet, GMC, Buick, and Cadillac all belong to General Motors. Hummer is back as a GMC subsidiary brand. In order to co-develop EVs, GM and Honda have an official collaboration. Acura and Honda are owned by Honda Motor Co. It collaborates with GM. Sony Honda Mobility is the name of the electric vehicle firm they founded with Sony. Genesis, Hyundai, and Kia are all owned by Hyundai Motor Group. Mazda is owned by Mazda Motor Corp. Mitsubishi, Nissan, and Infiniti are all owned by the Renault-Nissan-Mitsubishi Alliance. Following the merger of Fiat Chrysler Automobiles and Peugeot S.A., a new company called Stellantis was created. According to the explanation, the word is derived from the Latin verb “stello,” which means “to dazzle with stars.” Alfa Romeo, Chrysler, Dodge, Fiat, Jeep, Maserati, and Ram are now under Stellantis and are FCA brands that are offered in the United States. Other Stellantis automobile brands include Citroen, DS Automobiles, Opel, Peugeot, and Vauxhall. Subaru is owned by Subaru Corp. Jaguar and Land Rover are owned by Tata Motors. Owned by Tesla. Lexus and Toyota are owned by Toyota Motor Corp. Additionally, it owns stock in Suzuki and Subaru. The automotive brand VinFast, along with VinHomes, VinBigData, VinBioCare, and VinBrain, are all owned by VinGroup. Audi, Bentley, Bugatti, Lamborghini, Porsche, and Volkswagen are all brands owned by Volkswagen AG. Volvo, Polestar, and Lotus are all brands owned by Zhejiang Geely Holding Group (ZGH).

Ford owns Kia, right?

According to the Wikipedia entry for Kia Motors, an Asian financial crisis occurred in 1997. Kia and Hyundai Motor Company reached an agreement for a specific transfer of ownership between the two automakers. In 1998, this agreement was reached. After beating out Ford Motor Company in the bidding, Hyundai Motor Company acquired 51% of Kia. Since 1986, Ford has had a sizable stake in Kia, but the 1998 Hyundai acquisition changed that, making the business a completely Korean automobile manufacturer.

Are Hyundai and Kia owned jointly?

In 1998, Hyundai Motor Group made the decision to buy the automaker in order to keep it viable. Although Kia and the Hyundai Motor Group are separate companies, Kia Motors is a subsidiary of Hyundai. The distinction between Kia and Hyundai is that each brand has its own brand philosophies to build its vehicles in a distinctive manner.

Do Hyundai and Kia share the same engines?

Yes, a lot of the engines used in Hyundai models are also used in Kia cars, and the reverse is also true. Several instances include:

  • The Hyundai Kona, Hyundai i20, Kia Ceed, and Kia Stonic all have Kappa G3LA/G3LC engines.
  • The Hyundai i30, Kia Ceed, and Hyundai Elantra all feature the Kappa G4LD engine.
  • The Kia Rio, Kia Ceed, and Hyundai i20 all have Gamma G4FA engines.
  • The Kia Ceed, Kia Rio, and Hyundai Accent all employ the Gamma MPI/GDI/T-GDI.
  • The Kia Sorento, Hyundai Sonata, and Kia Stinger all use Theta MFI/GDI Turbo engines.
  • The Hyundai Santa Fe and Kia Sorento both use the D4HB engine.
  • The Hyundai Santa Fe and Kia Stinger both use the Lambda MPI/DGI/T-GDI.

Is Kia or Toyota better?

  • The Kia Optima is more affordable than the Toyota competitor while also offering a superior basic warranty and roadside support program.
  • When it comes to efficiency, the Kia Optima outperforms the Toyota Camry thanks to its availability as a hybrid and a plug-in hybrid.
  • Inside, the Kia Optima provides more room for the five passengers as well as more trunk capacity than the Toyota Camry.
  • Thanks to the UVO Infotainment System, the Kia Optima surpasses the Toyota Camry in terms of technology.
  • Both the Kia Optima and Toyota Camry receive five-star overall crash test safety ratings in terms of safety.

Styling and Presence

Hyundai and Kia have extremely comparable vehicle lineups. Though it’s important to note that Hyundai has established a luxury branch named Genesis that largely addresses those gaps, Kia does provide a few vehicles that Hyundai doesn’t. Hyundai’s aesthetic is generally much more restrained and understated, with slender curves and unobtrusive round forms making up the majority of the design elements. However, compared to their Hyundai cousins, Kia vehicles have sportier style that gives them a more aggressive and dynamic appearance. In a similar vein, compared to the Hyundai model, Kia SUV vehicles have a more robust, off-road oriented look. In general, Hyundai automobiles are more likely to blend in with the crowd, but Kia styling is more angular and futuristic, designed to grab attention and make a statement.

Performance and Handling

Although Hyundai and Kia share platforms and drivetrains, we already established that each company maintains its own independent engineering divisions. This is significant because it enables individual ride and handling characteristics to be tuned for each brand of car. It’s risky to generalize given the large range of vehicles available, including hatchbacks, sedans, crossovers, and vans. In contrast, a comparable Hyundai vehicle is probably going to prioritize a smoother, but disconnected-feeling ride, whilst you will probably find that Kia vehicles provide more dynamic, engaging handling qualities. Both have advantages and disadvantages, but in our opinion, Kia automobiles’ special chassis tuning significantly increases fun.

Price and Value

Kia automobiles are typically less priced than their Hyundai counterparts. The comparable Hyundai Elantra starts at $19,850, while the Kia Forte starts at $17,890. Although the Forte is less priced, Kia didn’t scrimp on quality or features. Like Hyundai, Kia provides one of the best warranties in the industry, which is ten years and 100,000 miles. Both companies offer quality that is unmatched in the industry and stand behind their products. In the J.D. Power U.S. Vehicle Dependability Study*, Kia placed third for 2021, ahead of brands like Toyota, Chevrolet, and even Mercedes-Benz. Even Hyundai’s luxury division, Genesis, ended behind Kia. Only Porsche and Lexus were ranked higher among mass market brands in terms of quality than Kia. At the top of that list, Kia is, in our opinion, in good company. It’s also important to note that J.D. Power named the Kia Optima, Sorento, and Sportage as the top models in each of their respective classes.

The Kia Advantage

In conclusion, Kia cars offer greater value and better quality, with bolder style and a more dynamic driving experience, even though Kia and Hyundai offer comparable vehicles. Simply put, no matter what you value most in a car, Kia automobiles are better overall. Of course, it is ultimately up to you to decide. We recognize that purchasing a new car is a significant investment. We advise you to test drive both brands since we are certain that you will ultimately decide on a Kia. Any way you look at it, it’s unquestionably the better option. Please forgive me, Hyundai.

Reliability of Kia vehicles

To obtain their overall reliability ratings, the RepairPal team considers a number of different variables. Simply put, your out-of-pocket ownership expenditures will be cheaper the more dependable your car is. The cost, frequency, and severity of repairs are some of these variables. In order to calculate an individual brand’s total RepairPal reliability rating, these categories are averaged.

In the RepairPal reliability rankings, Kia came in at number three, including second place when only non-luxury brands were included. The Kia Reliability Rating is 4.0 out of 5.0, placing it third among all car brands out of 32. This evaluation is based on the average of 345 different models.

“Kia had three well-liked models, including the Soul, Rio, and Forte, in the top 30 with Excellent ratings. The Optima and Sorento, two of its most well-liked cars, kept their Excellent rankings within the top 100.

Is Kia a reliable name?

Maintaining the factory-recommended maintenance plan and taking care of problems as soon as they appear are the best ways to maintain your Kia in good working order. Any material or workmanship flaws should be covered by the Kia guarantee that comes with new and certified pre-owned cars, but these protections ultimately run out.

If your car needs repairs after the first warranty period has passed, an extended warranty might assist cover the cost of such unforeseen expenses. Kia has an extended warranty that may be purchased directly from the company, but you can also acquire coverage from third parties.

Independent extended warranty providers frequently provide more options for coverage, older vehicle coverage, a larger network of repair facilities, and more comprehensive benefits. Endurance and CarShield are two companies that we suggest.

Endurance: Best Coverage

Up to 8 years or 200,000+ miles of additional warranty coverage are possible with Endurance. Additionally, Endurance offers some of the market’s most comprehensive contracts. There are five different coverage options available, ranging from straightforward powertrain coverage to complete bumper-to-bumper warranty protection.

CarShield: Best Value

Additionally, CarShield provides extended warranty protection for cars with up to 300,000 miles on the odometer, potentially doubling the Kia factory warranty’s scope of coverage. CarShield offers a solid reputation in the market, a wide range of coverage options, and some of the most affordable contracts available.

For more information, see our comprehensive CarShield review. To get a free, no-risk CarShield quote, click the button below.

Frequently Asked Questions

Kia is a dependable automaker. Overall, Kia receives a reliability rating of 4.0 out of 5.0 on RepairPal, placing it third overall (out of 32 brands).

Both Kia and Toyota are well-known for their dependability, and both have a 4.0 out of 5.0 RepairPal reliability rating. Kias may be marginally more reliable, while RepairPal puts Toyota seventh overall and Kia third.

Kias require an average of 0.2 unforeseen repair shop visits year, according to RepairPal. This is half of the 0.4 visits per year average for all brands. You have a one in five risk of needing an unforeseen repair each year, according to this statistic.

Previously, the Kia name was associated with low-cost, subpar vehicles. This is partly because the brand’s automobiles had a lot of issues when it first appeared in the United States. Since then, Kia has made fleet improvements and has earned a reputation for having great reliability.

Yes, Kias have a reputation for lasting just as long as other trustworthy cars like Hyundai, Honda, and Toyota. Although the powertrain is covered by the manufacturer’s warranty for up to 100,000 miles, many owners keep their Kias for much longer.

Has Kia ever had a luxury line?

Kia is not known for its luxurious vehicles. The South Korean automaker still has a fairly affordable lineup despite a recent redesign. Unless you upgrade to the fully loaded SX trim, the Kia Telluride is not an exception.

The Tellurides’ $33,200 price tag falls in line with that of its non-luxury midsize SUV competitors. However, upgrading to the SX variant will cost you between $42,500 and $55,000, which is within the range of many premium cars’ starting prices.

So what do you need to do? Do you want to upgrade your Kia Telluride or get the Buick Enclave or Volvo XC90 base model? Although nobody can decide for you, there are certain important aspects that could influence your choice.

What drawbacks exist with Kia vehicles?

Kia may have improved in a number of areas, such as the electronic and hybrid market, but some of their models still fall short when it comes to safety. For instance, reviews of the Kia Seltos have been mostly negative due to the lack of safety features that are commensurate with the vehicle’s pricing.

Both hill hold and brake assist are absent. At the moment, features like an electric parking brake are rather widespread. The Kia Rio, which lacks adaptive cruise control, a review camera, and even blind-spot monitoring, is the same.

Why do Kia engines malfunction?

Nearly 485,000 Hyundai and Kia owners in the United States are being advised to park their vehicles outside because they still risk catching fire even when the engines are off.

The two Korean automakers’ recalls are the latest in a lengthy line of fire and engine failure issues that have plagued the businesses for the last six years.

This time, contamination in the antilock brake control module is the issue, which may result in an electrical short. This raises the possibility of a fire occurring while the cars are being driven or parked.

Affected models include some Kia Sportage SUVs from 2014 to 2016 as well as the K900 sedan from 2016 to 2018. Certain Santa Fe SUVs from 2016 to 2018, Santa Fe Sports from 2017 to 2018, the 2019 Santa Fe XL, and Tucson SUVs from 2014 and 2015 are among the Hyundai models that have been recalled.

According to documents published on Tuesday by American safety officials, owners should park the cars outside and away from buildings while repairs are being completed.