KIA Corporation And Their Growth Formula
KIA Corporation is a Korean company make a huge market in world, KIA Corporation stand for Kyungung precious industry. And its headquarter is established in Seoul in South Korea. This company is the Second-largest car manufacturer company in South Korea, with the sales over 2.8 million vehicles in 2019 as of 2015, with going on capacity.
History
KIA was founded on 9 June 1944 as manufacturer of steel tubing and bicycle parts, while the producing first domestic bicycle, in 1951in South Korea. While the growing, they change their name as KIA Industries.
Kia firstly made small cars like passenger cars small truck and many more cars that truly use for military works and many more works. The company open first intrigated automotive assembly plant in 1973, in sohari plant. Kia built small Mazda -based Brisa range cars in 1981.
KIA has not as popular as on this day, this car company is too slow to manufacture their products as severe year back. But not the company grow-up their business and maker new models of their car and manufacture a lot of cars in 2024. This brand is famous in worldwide and have many sport cars and commercial cars in their products.
The KIA launched there Fiat 132 and Peugeot 604 car in market, these cars trends on market and KIA grow up there brand on this time.
The unstoppable KIA corporation makes their brand in worldwide as name as KIA America, KIA India, KIA Canada, KIA Europe and lot. This company has their different headquarters in different countries.
Board of directors
- Chung Eui-Sun, Chairman
- Song Ho-Sung, President and CEO
- Jun-Young Choi, Executive Vice President And Chief Safety Officer
- Chol-Su Han, Outside Director
- Wha-Sun Jo, Outside Director
Formula Of Growth of KIA Corporation
The KIA Made a small corporation to a big brand factory, With their work formula. The KIA mostly join big corporation that help them to grow.
The growth of KIA corporation is depending on their marketing stunts and strategy. They give us nice quality new improvements, new design, and sustainability initiatives. Their innovation and technology is best in the world, and they are global expansion network, and strong branding.
