SOUTH KOREA: Sluggish local demand and strikes mar Kia quarterly result - report
Kia Motors reported a 25% rise in quarterly earnings on Wednesday, buoyed by brisk sales of pricey recreational models and smaller warranty provisions, Reuters reported, but like parent Hyundai Motor, showed a worsening performance from the second quarter as it suffered poor sales due to weak local demand and the effects of a month-long strike.
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