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Kia has committed to investments of $1.1 billion to develop operations in India including investing in a network of over 250 customer touch-points that include service, sales and spares establishments. [citation needed] On 31 July 2020, Kia crossed 100,000 car sales in India becoming the fastest car manufacturer to do so. [54] [55]
The Kwik Fit Financial Services arm of the business, was sold by PAI to Fortis Insurance UK, now Ageas (UK) Limited, for a figure of £215m in July 2010. [5] The tyre retailing and service centre business was bought by Itochu Corporation in March 2011.
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It is a joint venture between Hyundai Capital, Hyundai Motor UK, Kia Motors UK and Santander Consumer Finance. [26] It operates under two consumer facing brands, Hyundai Finance and Kia Finance, to provide both retail and wholesale finance to over 350 Hyundai and Kia franchised dealers in the U.K. [ 27 ] In 2020 HCUK exceeded GBP 50 million PBT ...
The UK's What Car? magazine named the Kia e-Niro its 2019 Car of the Year – the first time the prize had been awarded to an electric vehicle. [55] The car was chosen as one of the Top 10 Tech Cars by the IEEE in 2018. [56] The Kia Niro was selected as the 'Best Urban Car' at the 2023 Women’s Car of the Year. [57] [58]
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