Kia, also known as Kia Auto, is a multinational automobile manufacturer based in South Korea. Kia ranked 229th on the 2020 Fortune Global 500 list. Kia was founded in 1944, initially known as “Jingcheng Precision Industry”, and was renamed “Kia Industries” in 1952. The word “Kia” means “originated in Asia” or “rising in Asia”. In 2000, Kia merged with Hyundai Motor to form the Hyundai Kia Group. In 2019, Kia brand sold approximately 2.84 million units, an increase of 0.3% compared to 2018, ranking 8th in the world. The largest market for Kia in 2019 was the US market, accounting for approximately 22% of sales. In 2019, Kia sold approximately 280000 units in China, accounting for about 10% of its total sales.
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