Kia Says US Tariffs Cost $2.3 Billion Last Year as Profit Drops
Kia Corp. said US tariffs cost it 3.3 trillion won ($2.3 billion) last year and the South Korean automaker will roll out incentives to boost sales as competition intensifies.
By Hyonhee Shin · Bloomberg Markets
Kia Corp. said US tariffs cost it 3.3 trillion won ($2.3 billion) last year and the South Korean automaker will roll out incentives to boost sales as competition intensifies.