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For decades, the hierarchy within the South Korean automotive industry was undisputed. When Hyundai Motor Company acquired Kia (formerly Kyungsung Precision Industry) in 1998, critics labeled the move a burden, viewing Kia as a “lump of insolvency.” Kia spent years in the shadow of its parent company, often relegated to the role of the group’s “entry-level” younger brother. That […]

The post The Great Reversal: How Kia Finally Overtook Hyundai as Korea’s #1 Automaker appeared first on Korean Car Blog.

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