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Kia Motors' March sales jump 15.2 pct

SEOUL, April 1 (Yonhap) -- Kia Motors Corp., South Korea's second-largest automaker, said Tuesday that its sales jumped 15.2 percent in March from a year ago, mainly helped by more overseas demand. The carmaker said it sold a total of 272,002 units overall last month, up from 236,076 a year earlier. Of all cars sold, sales in the home market contracted 1.3 percent on-year to 39,005 units, while overseas sales stood at 232,997, an 18.5 percent increase from March 2013, the company said in a statement.

Hyundai Motor Group chief stresses design innovation

SEOUL, March 6 (Yonhap) -- The chairman of Hyundai Motor Group emphasized the importance of innovative design in getting ahead in the highly competitive global automobile market while touring production facilities in Europe, the company said Thursday. The world's fifth-largest automotive group said Chung Mong-koo stressed that car design must be innovative yet give off the impression of "class" so as to appeal to consumers.

Kia's upcoming Soul EV receives eco-friendly certification

SEOUL, Feb. 4 (Yonhap) -- Kia Motors Corp. said Tuesday its Soul electric vehicle (EV), to be unveiled at the upcoming Chicago Auto Show, received an eco-friendly certification from a leading U.S. safety organization.

Kia Motors' 2013 earnings hit by exchange rates

SEOUL, Jan. 24 (Yonhap) -- Kia Motors Corp., South Korea's second-largest automaker, said Friday its net profit dipped 1.2 percent in 2013 from a year earlier, mainly due to unfavorable exchange rates. Net profit came to 3.81 trillion won (US$3.54 billion), down from 3.86 trillion won tallied for 2012, the Seoul-based company said in a regulatory filing. Operating profit also dropped 9.8 percent to 3.17 trillion won.

Kia Motors' Q4 net profit up 28.7 pct on-year

SEOUL, Jan. 24 (Yonhap) - Kia Motors Corp., South Korea's second-largest automaker, said Friday its fourth-quarter net profit shot up 28.7 percent from a year earlier. Net profit came to 949 billion won (US$881.8 million) in the October-December period, compared with 737.4 billion won a year earlier, the Seoul-based company said in a regulatory filing. The quarterly gains were mainly attributed to a rebound from poor showing last year.

Kia Motors' Q3 net profit up 8.9 pct

SEOUL, Oct. 25 (Yonhap) - Kia Motors Corp., South Korea's second-largest automaker, said Friday its third-quarter net profit rose 8.9 percent from a year earlier on the back of increased profits from its equity investments. Net profit came to 903.2 billion won (US$849.6 million) in the July-September period, compared to 829.5 billion won a year earlier, the Seoul-based company said in a regulatory filing. Sales nearly remained flat at 11.63 trillion won, up a mere 0.1 percent in the quarter from a year ago, while operating profit fell 13.1 percent to 696.3 billion won.

Hyundai, Kia see sharp rise in China sales this year

SEOUL, Oct. 3 (Yonhap) -- Hyundai Motor Co. and its smaller affiliate Kia Motors Corp. said Thursday that they saw their combined sales in China surge 25 percent in the first nine months of the year on brisk sales of mid-sized and sports utility vehicles. Hyundai Motor, South Korea's top automaker, said it sold 760,916 units in China in the January-September period, up 28 percent from a year earlier. Kia Motors also saw its sales in China soar 20 percent on-year to reach 400,360 units over the cited period.

Kia Motors Q2 profit up 7.8% on China sales abroad

South Korea's second-largest carmaker Kia Motors said Friday its second-quarter net profit jumped 7.8 percent from a year earlier on the back of brisk overseas sales -- mainly in China. Net profit in the April-June period surged to 1.18 trillion won ($1.06 billion) from 1.09 trillion won a year ago. Sales were up 4.5 percent year-on-year to 13.1 trillion won, while operating profit fell 8.5 percent to 1.1 trillion won. China accounted for some 19 percent of total sales in the quarter.

Cumulative sales of Hyundai, Kia cars in China top 7 mln

SEOUL, July 4 (Yonhap) -- Hyundai Motor Group said Thursday that cumulative sales of its cars in China surpassed the 7 million mark since its debut as the world's largest auto market more than a decade ago. The figure represents a growing popularity of Hyundai and Kia cars in China where the two flagship units of the world's fifth-largest automaking group operate five assembly plants in partnership with Chinese counterparts.

Kia Motors sponsors extreme games under way in China

SEOUL, June 10 (Yonhap) -- Kia Motors Corp., South Korea's second-largest automaker, said Monday it is sponsoring the inaugural Kia World Extreme Games under way in China. Kia said its cars, including its luxury K7 sedan and the Sportage R crossover, are being displayed at various sites at the Jiangwan Sports Center in Shanghai from Sunday to Tuesday.
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