are kia and hyundai made by the same company?
It's the same car, with different styling. The round styling goes to Kia, the squarer styling goes to Hyundai. Certain models do not have equivalents, like the Hyundai Santa Fe is a Hyundai only model, and the Kia Borrego is a Kia only model. It's like Gap, Banana Republic, and Old Navy are the same company. They're different brands owned by the same company. The Hyundai Kia Automotive Group was formed through the merging of South Korea's largest car company, Hyundai Motor Company, and the nation's second largest car company, Kia Motors in 1998. They are now the fifth largest automaker in the world, just passing Honda. During the Asian financial crisis of 1997, Kia declared bankruptcy. The following year, the Hyundai Motor Company acquired 51 percent of Kia Motors, outbidding the Ford Motor Company in the process. Hyundai has since reduced its stake in Kia. HYUNDAIS and Kias often come from the same factories, use the same parts and in some cases chase the same buyers, but they are products of two automakers that think and act independently. Kia is owned by Hyundai. They bought them in 2001 I believe. hyundai and kia are not the same company but hyundai does own kia and kai uses ALOT of hyundai parts in there cars. as for a tib from kia not as of yet but there is rumor of a sports type car in the works from kia. Yes, partially; the Hyundai Motor Company owns about a third of Kia Motors as of 2014. Both Kia and Hyundai are large automobile makers originally based in South Korea. Hyundai is the largest, while Kia is the second biggest. Continue Reading. The 2011 Kia Optima. Despite the companies’ insistence that they are independent, vehicles from Hyundai and Kia have much in common. For example, the and the mechanically similar Kia Sorrento roll off a Kia assembly line in West Point, Ga., together. Their starting prices are just $650 apart. Scott Evans: Not seeing a Kia Genesis anywhere, either. It's certainly true that Hyundai and Kia share some models, but it's just as true the Chevrolet and Buick/Ford and Lincoln/Dodge and Chrysler/Toyota and Lexus/Nissan and Infiniti/Honda and Acura/etc do the exact same thing. Not sure why you're not ok with Hyundai/Kia doing it. Best Answer: Hyundai bought Kia in 1998 but I've never seen a Kia version of the Tiburon. Some models share some parts, like the Elantra and Spectra, but the chasis I think are still different. The newer minivans have very close resemblances now (Hyundai Entourage, Kia Sedona). Hyundai SantaFe and Kia Sorento are virtually same cars.. and Hyundai XG and Kia Amanti are virtually same cars, etc.. Kia does not have Hyundai Tiburon's twin, but I heard Kia is planning to manufacture a performance car of some sort in the future just like Hyundai Tiburon (also called Hyundai Tuscany in Korea). Chung Eui Sun, the only son of Hyundai’s chairman, Chung Mong Koo, was Kia’s chief executive in 2005-8, and he was made vice chairman of Hyundai Motors in 2009. The elder Mr. Chung received a suspended three-year sentence for embezzlement in 2007, though he remains in charge of Hyundai.
No, but hyundai does own kia.