, Hyundai Kia Automotive Group: Humble beginnings to Global prominence
The rise to prominence in the automotive industries for Hyundai KIA Automotive Group (HKAG) was capped by the acquisition of Kia Motors in 1998. From the near collapse of Hyundai Motors in 2000 to the current successes, the company has sharpened its focus on progressive development of markets. Currently, Hyundai Owns 49% of KIA Motors, in an intricate private ownership arrangement, through which financing for expansion and operations is done.
