who owns kia

Kia is owned by Hyundai Motor Company, which holds approximately a 33.88% to 34.16% stake in Kia. Hyundai acquired a majority share of Kia in 1998 after Kia declared bankruptcy in 1997, making Hyundai the parent company of Kia Motors. Despite this ownership, Kia and Hyundai operate as separate, independent companies under the larger Hyundai Motor Group umbrella.