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Kia Kia Corporation, formerly known as Kia Motors Corporation, and stylised as ΚΙΛ, is a South Korean multinational automotive manufacturer headquartered in Seoul. It is South Korea’s second-largest automobile manufacturer after parent company Hyundai Motor Company, with sales of over 2.8 million vehicles in 2019. As of December 2015, the Kia Corporation is minority owned by Hyundai, which holds a 33.88% stake valued at just over US$6 billion. Kia in turn is a minority owner of more than twenty Hyundai subsidiaries ranging from 4.9% up to 45.37%, totaling more than US$8.3 billion. Genesis Genesis Motor, LLC, is the luxury vehicle division of the South Korean vehicle manufacturer Hyundai Motor Group. Initially envisioned along with the plan for Hyundai’s new luxury sedan, the Hyundai Genesis, in 2004, the Genesis brand was officially announced as an independent marque on 4 November 2015, launching their first Genesis standalone model, the Genesis G90, in 2017. Genesis models are designed in Rüsselsheim (Germany), Namyang (South Korea), and Irvine (United States); and produced in Ulsan (South Korea). In 2020, J.D. Power named Genesis the most dependable automotive brand in North America. Hyundai The Hyundai Motor Company is a South Korean multinational automotive manufacturer headquartered in Seoul. Hyundai Motor Company was founded in 1967. Currently, the company owns 33.88 percent of Kia Corporation,[6] and also fully owns two marque including its luxury cars subsidiary, Genesis Motor, and electric vehicle subsidiary, Ioniq Those three brands altogether comprise the Hyundai Motor Group.
