S.Korea's Kia Q4 swings to loss on won, marketing

Newswire

SEOUL, Jan 26 (Reuters) - Kia Motors Corp. , South Korea's No.2 auto maker, said on Friday it swung to a quarterly loss, hit by a stronger won and higher marketing costs. Kia, an affiliate of top South Korean automaker Hyundai Motor Co. , reported a net loss of 200 million won ($213,800) in the fourth quarter, compared to a revised 263.7 billion won a year earlier and a 43.9 billion net loss in the previous quarter. The result widely missed a consensus forecast for 57.5 billion won ...

Premium Content (PAID Subscription Required)

"S.Korea's Kia Q4 swings to loss on won, marketing" 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.
Insights

Dec 6, 2016
Video
WardsAuto

2017 Wards 10 Best Engines: Falling in Love With 6-Cyl. Turbos 2

BMW and Ford each have two stout turbo-6s in the hunt this year, while Infiniti has one. All five are smooth, extremely refined, reasonably fuel-efficient and dishing up loads of horsepower and torque....More

Enewsletters

Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×