Kia Follows Hyundai On Road To Weaker Profitability

Kia Motors’Q4 2012 and full-year financial results mirror those of sister company Hyundai Motor in showing a gain in ex-factory unit sales in the latest quarter but also declining profits and profitability. Like Hyundai’s Q4 results, Kia’s latest results were hit by provisions to reimburse North American customers misled by Subscribe to Automotive World to … Continued

Kia Motors’Q4 2012 and full-year financial results mirror those of sister company Hyundai Motor in showing a gain in ex-factory unit sales in the latest quarter but also declining profits and profitability. Like Hyundai’s Q4 results, Kia’s latest results were hit by provisions to reimburse North American customers misled by

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