Message-ID: <3639263D.AC1D40FB@hereintown.net>
Date: Thu, 29 Oct 1998 21:36:45 -0500
From: Adam Smith <asmith@hereintown.net>
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Subject: Re: Kia
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> : Is it true that Kia is bankrupt?
> Yes.
> 
> : And that you can't get parts for them?

> Not generally true, although I suppose that there may be spot shortages
> of some parts.  The company's collapse actually occurred in the summer
> of 1997; it's basically been in receivership by the South Korean
> government until it can be unloaded on a willing buyer.  Hyundai won
> the bidding for Kia last week, and so at least some Kia factories
> will continue to run.

That is rather worrisome. My parents just got a '98 Sephia LS last
weekend. It's not as bad as I expected for the price (it drives quite
nicely for an econobox), but I was against the purchase. Honda, Saturn,
etc., seem to be much more secure companies. ;)
