1944, the South Korean company Kyungsung Precision Industry was established to build which began in 1952 under the name Kia Industry Company bicycles. 1971 rolled off the first four-wheeled vehicle from the production: a truck named Kia titanium. In 1973, the company produces the first Korean petrol engine and went public. Since 1998, Kia is part of Hyundai Group. The German branch of the Korean car manufacturer is located in Frankfurt am Main.