SEOUL, Nov 26 (Reuters) - South Korea's second-largest automaker Kia Motors said on Tuesday it had lost nearly 2,000 cars on a freighter that caught fire after it washed up on a Japanese island during a storm. The 56,835-tonne Hual Europe, which is registered in the Bahamas and owned by a Norwegian firm, was stranded on Izu-Oshima island near Tokyo early last month during a typhoon. The official said the value of the 1,997 U.S.-bound cars was estimated at about $20 million, but he said ...
Premium Content (PAID Subscription Required)
"Kia loses 1,997 cars in freighter fire" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
Current subscribers, please login or CLICK for support information.