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KIA Motors is one of the popular South Korean automakers and started its business in 1944. This renowned brand is the second-largest automobile manufacturing company in the world after Hyundai. Kia Motors extended its business in the USA in 1992. Unfortunately, this brand faced a huge bankruptcy in 1997. However, it managed to survive during those tough times and partnered with Hyundai later. That’s why Kia Motors has seen lots of Ups and Downs in its business journey. That’s why business or MBA students have to go through the KIA Motors SWOT analysis seriously!
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The strengths of KIA Motors can be credited to a wide products range, brand value, innovating new technology, positioning and hybrid Cars. In addition, this brand has come up with their hybrid cars, electric cars and hydrogen cell-powered cars, which is environmentally friendly.
When every brand is promoting its product portfolio, KIA Motors hasn’t taken that many initiatives. And that is its weaknesses. The initial deficit zones of this brand are poor market reach, lack of promotion, brand identity, and poor advertisements. Our expert writers will help you with the Kia motors case study, including SWOT analysis.
KIA Motors has considerable market Opportunities if they work in areas like improving infrastructure, changing preferences, and environment-friendly cars. These popular brands can make the most of these opportunities to increase their market value. Our Essaygator.com experts will help you out with the Kia motors case study answer.
Threats are one of the common factors of SWOT analysis. It can enhance the organization’s growth. The market threats of KIA Motors is mainly the increasing number of competitors in the automotive sector and the increasing concern of environmental concerns.
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