Is Kia Owned by Hyundai? The 1998 Deal and What It Means
Is Kia owned by Hyundai? Yes. Hyundai Motor bought Kia in 1998 and still owns roughly a third of it. The two are sister companies inside Hyundai Motor Group (현대자동차그룹). They share engines, platforms and parts, but Kia (기아) still runs as its own brand with its own designers, its own dealers and its own stock listing.