Kia Motors first-quarter profit quadruples

[Blackseal]

This whole recession thing has been good to Kia. Buyers have skidded away from high-riding luxury barges faster than cockroaches from a kitchen light and right into the loving arms of the Korean automaker's well-equipped, smartly priced, and newly competent products. As a result, the company has reportedly seen its net profits quadruple in the first three months of this year. Kia managed to rake in a total of $358 million dollars from January to March, compared to $88.2 million during the same period in 2009.

 

Much of the boost came from the fact that the company's global sales have exploded this year thanks in part to the new Sorento, Forte and Forte Koup. Kia moved 474,635 vehicles during the first-quarter of 2010

[Kiadaw]

Deserving the sale, me think. Forte & Coup are good cars. My good friend has a Forte. My dad been driving KIA for more than 10 years already.

[Friendstar]

  On 4/27/2010 at 1:59 PM, Blackseal said:

This whole recession thing has been good to Kia. Buyers have skidded away from high-riding luxury barges faster than cockroaches from a kitchen light and right into the loving arms of the Korean automaker's well-equipped, smartly priced, and newly competent products. As a result, the company has reportedly seen its net profits quadruple in the first three months of this year. Kia managed to rake in a total of $358 million dollars from January to March, compared to $88.2 million during the same period in 2009.

 

Much of the boost came from the fact that the company's global sales have exploded this year thanks in part to the new Sorento, Forte and Forte Koup. Kia moved 474,635 vehicles during the first-quarter of 2010

[Blackseal]

I have to agree....their recent products are

[Darthrevan]

I don't drive Kia, but I think they have some competent cars to give the rest a run for their money!

[Fennmax]

Nice design, see the new Magentis....awesome DRL and side profile. But the side of I45 blew me away...