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Kia and Hyundai aren't actually the same company, but they're very closely related. Hyundai group (Hyundai automotive's parent company) acquired a significant s
by AlotOfReading 2y ago
Kia and Hyundai aren't actually the same company, but they're very closely related. Hyundai group (Hyundai automotive's parent company) acquired a significant stake in Kia when they went bankrupt during the Asian financial crisis. In exchange, Kia received significant percentages of many Hyundai group companies, including automotive. They share components and designs, but they're separate companies with their own teams, factories and marketing.