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Moving forward within Hyundai Motor Group, both brands continued to produce Today, following some divestments, Hyundai only owns a third of Kia, though still a plurality share.
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Hyundai And Kia Now Own 11 Of America's EV Sales Through May 2024 . While both companies operate independently, Hyundai stands as the parent company of Kia Motors, owning a significant 33.9% stake Kia made an agreement with Hyundai Motor Company for a certain exchange of ownership between the two carmakers