February 13, 1998 |
Kia Motors America said Thursday it is recalling all 1997 Sportage sport-utility vehicles sold in the United States so it can repair a potentially faulty power door lock system. Company officials said the problem would not cause doors to spring open, but could cause a locked door to inadvertently unlock. Kia said it is sending notices to owners of 23,493 Sportages made from July 26, 1996, to Aug. 12, 1997.
April 23, 2003 |
More than 535,000 cars made by Honda Motor Co., General Motors Corp. and Kia Motors Corp. are being examined by the National Highway Traffic Safety Administration for defects. The reviews include 277,000 Honda Accord sedans from 1998 and 1999, and Honda CR-V sport utility vehicles from 2002, which may roll after being shifted into park. About 190,000 Saturn L series sedans from 2001 and 2002 are being examined for faulty headlights.
November 20, 1999 |
Kia Motors Corp. said Friday it is recalling 83,403 of its Sephia compact cars sold in the past two years to repair the windshield wipers. Kia, whose U.S. operations are based in Irvine, will replace a faulty wiper link, which could disengage from the wiper motor and cause the wipers stop functioning. The recall includes 1998 and 1999 models. Owners will be notified by mail and dealers will replace the link for free, Kia said.
July 24, 1998 |
Ford Motor Co., the world's No. 2 auto maker, submitted a letter of intent to participate in an auction of South Korea's Kia Motors Corp. and Asia Motors Co., Kia said. The decision to sell the insolvent Kia rather than shut it down has drawn criticism from investors for failing to address the problem of excess capacity in the world's fifth-largest auto industry. Hyundai Motor Co., Korea's largest auto maker, is operating at a record low 40% capacity amid a deepening recession.
June 15, 1998 |
Bankrupt Kia Motors Corp. of South Korea ordered its plants locked for 10 days as negotiations with striking workers failed to make progress. However, Kia's 20,000-member labor union said its members would continue to go to their workplaces to picket. Kia, once the nation's second-largest auto maker, is in court receivership after going bankrupt last July under the weight of $1 billion in bank debt.
October 29, 1997 |
Kia Group Chairman Kim Sung Hong, yielding to public and government pressure, announced his resignation, ending a three-month standoff with creditors over the fate of the near-bankrupt conglomerate. Kim's departure may help bring an end to the financial crisis caused by Kia's $10-billion debt, problems that have caused the South Korean stock index to tumble a third since early August.
March 14, 2002 |
Kia Motors Corp.'s Sedona minivan suffered more than $4,000 in damage during a low-speed bumper crash test because its air bags deployed, the Insurance Institute for Highway Safety said Wednesday. The Sedona had a total of $9,747 in damage in four crash tests, a performance the insurance industry-sponsored group rated "poor." The insurance institute said the air bags went off when the Sedona's front end was crashed into a flat barrier at 5 mph.
July 28, 1998 |
General Motors Corp. said Monday that it wants to participate in the auction for Kia Motors Corp., but has not decided whether to submit a bid for the troubled South Korean car maker. "We submitted a nonbinding letter to the CEO of Kia expressing our interest within the framework of the auction process," GM spokesman Michael Meyerand said. "It's not a commitment to make a bid, but simply put, we wanted to keep our options open."