The once very unhip Kia brand has undergone a massive makeover in recent years, thanks to a trio of hip-hop “hamstars,” a rock star of a design chief – and a blitz of new products.
The new model assault is set to continue, Kia officials reveal, at the upcoming Los Angeles and Detroit auto shows. And to feed the growing demand for those and existing products like the Optima and Soul, Kia management is now studying the option of expanding its North American production base – a move that might include the addition of a second U.S. assembly plant.
Kia is now the fastest-growing brand in the U.S. market, noted Kia Motors America sales chief Tom Loveless, with a 78% sales surge since 2008 surpassing even Korean sibling Hyundai, as well as fast-track brands like Volkswagen and Subaru.
After setting a 2011 sales record of 485,000 – and breaking its all-time monthly records for 24 consecutive months – Kia expects to reach another new peak this year, market share climbing to an all-time high 4.0, “if we can maintain this pace,” said Loveless, during a presentation to the Detroit Automotive Press Association.