is kia part of hyundai?
Hyundai and Kia are both headquartered in South Korea, and Hyundai owns 33.8% of Kia Motors. ... When Hyundai made its first major purchase of Kia Motors stock in 1998, they acquired 51% of the company. Today, they only own roughly 1/3 of Kia Motors, but the two organizations still maintain close ties.