S.Korea's Kia Q3 loss widens on weaker sales


SEOUL, Oct 26 (Reuters) - Kia Motors Corp , South Korea's No.2 auto maker, posted a bigger-than-expected quarterly net loss, hit by price cuts earlier this year and weaker sales. Kia, an affiliate of top South Korean car maker Hyundai Motor Co , reported a net loss of 55.1 billion won ($60.14 million) in the third quarter, bigger than a 14.5 billion loss forecast by eight analysts polled by Reuters. That compared with a 43.9 billion won loss a year ago and a 61.4 billion won profit in ...

Premium Content (PAID Subscription Required)

"S.Korea's Kia Q3 loss widens on weaker sales" 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!

For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: lwilliamson@wardsauto.com or phone: (248) 799-2642

Current subscribers, please login or CLICK for support information.

Already registered? here.

Mar 8, 2018

Toyota Camry Hybrid 2.5L Atkinson 4-Cyl. – 2018 Award Acceptance

Masashi Hakariya, project manager-engine development at Toyota, accepts award for Toyota Camry Hybrid at 2018 Wards 10 Best Engines ceremony....More


Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×