what is the relationship between kia and hyundai?
In 1998, Hyundai Motor Company came to the rescue of Kia Motors, by acquiring 51% of the company. To date, Hyundai Motor Company owns about one-third (33.88%) of Kia Motor Corporation and remains Kia's largest stakeholder. In return, Kia Motors owns approximately 22 different Hyundai Motor subsidiaries.