Founded in June 1944 as a manufacturer of steel tubing and bicycles, KIA Motors Corporation is South Korea’s oldest automotive manufacturer.
In the ‘50s, KIA Motors went full-on building bicycles, then venturing in to building trucks in the ‘60s. When the ‘70s began, it finally was able to manufacture automobiles. However, due to Korea’s new policies, which its military was greatly involved in, KIA Motors had to cut short its car manufacturing and instead concentrate on building light trucks. Car production resumed in the late ‘80s, in partnership with Ford-Mazda.
In the ‘90s, Kia hit rock-bottom due to the Asian Financial crisis that forced it to file for bankruptcy. Hyundai Motor Company came to its rescue and acquired 51% of its shares. This prompted years of success for both Korean car makers until today. In 2019, the Kia brand is one of the most awarded in the industry, boasting numerous awards from Kelley Blue Book, J.D. Power, and Interbrand.
Here in the Philippines, KIA Motors began its operation in May 1994. Under the wing of the Columbian Autocar Corporation (CAC), but now, the brand is under the wing of the Ayala Corporation, which revamped the entire vehicle lineup in the country.
Today, Kia Philippines offers a roster of quality motor vehicles like the Soluto, Rio, Forte, Seltos, Sportage, Sorento, Stinger, Grand Carnival, and K2500.
Kia’s EV5 is gaining attention abroad after just a few months on sale. It’s now one of the top-selling electric vehicles in Australia and is being launched in more countries this year. With...
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