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  5. Kia Corporation
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    A000270   KR7000270009

KIA CORPORATION

(A000270)
  Report
End-of-day quote Korea Stock Exchange  -  2022-10-03
72800.00 KRW   +1.25%
09/30South Korean Stocks Slide to Over Two-Year Low Amid Recession Concerns; Kia Loses 3%
MT
09/30S.Korean shares end at over 2-yr low as auto, battery stocks weigh
RE
09/29Kia to Introduce High-Performance EV Model EV6 GT in South Korea
MT
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U.S. says about 20 models will get EV credits through end of 2022

08/16/2022 | 05:17pm EDT
An electric vehicle charger is seen in Manhattan, New York

WASHINGTON (Reuters) - The Biden administration said on Tuesday about 20 models will still qualify for electric vehicle tax credits of up to $7,500 through the end of 2022 under legislation signed by President Joe Biden.

The law Biden signed Tuesday immediately ends credits for about 70% of the 72 models that were previously eligible, said an auto trade group.

To qualify, EVs must now be assembled in North America.

New restrictions on battery and mineral sourcing and price and income caps take effect on Jan. 1 that will make all or nearly all EVs ineligible, the auto group said.

(Reporting by David Shepardson; Editing by Chris Reese)


© Reuters 2022
Stocks mentioned in the article
ChangeLast1st jan.
KIA CORPORATION 1.25% 72800 End-of-day quote.-11.44%
PORSCHE AUTOMOBIL HOLDING SE 4.01% 60.2 Delayed Quote.-30.77%
TESLA, INC. 1.67% 246.33 Delayed Quote.-31.19%
TOYOTA MOTOR CORPORATION 3.22% 2004 Delayed Quote.-7.79%
VOLKSWAGEN AG 3.88% 131.34 Delayed Quote.-28.76%
All news about KIA CORPORATION
09/30South Korean Stocks Slide to Over Two-Year Low Amid Recession Concerns; Kia Loses 3%
MT
09/30S.Korean shares end at over 2-yr low as auto, battery stocks weigh
RE
09/29Kia to Introduce High-Performance EV Model EV6 GT in South Korea
MT
09/29MarketScreener's World Press Review : September 29, ..
MS
09/27U.S. VP Harris pledges to consult S.Korea over EV subsidy concerns
RE
09/23South Korean Stocks Plunge to Lowest Level in 2022; Hyundai, Kia Shed 2%
MT
09/23Hyundai Motor, Kia to Launch Electric SUVs Exclusively for China in 2023
MT
09/22U.S. theft claims soar for Hyundai, Kia vehicles, says non-profit group
RE
09/21Yoon asks Biden to resolve South Korea's concerns over Inflation Reduction Act -Yonhap
RE
09/21U.S. and S.Korea exchange 'frank views' on vehicle credits, network fees
RE
More news
Analyst Recommendations on KIA CORPORATION
More recommendations
Financials
Sales 2022 84 334 B 58,8 B 58,8 B
Net income 2022 6 432 B 4,48 B 4,48 B
Net cash 2022 9 680 B 6,75 B 6,75 B
P/E ratio 2022 4,70x
Yield 2022 4,53%
Capitalization 29 188 B 20 344 M 20 344 M
EV / Sales 2022 0,23x
EV / Sales 2023 0,18x
Nbr of Employees -
Free-Float 62,5%
Chart KIA CORPORATION
Duration : Period :
Kia Corporation Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends KIA CORPORATION
Short TermMid-TermLong Term
TrendsBearishBearishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 28
Last Close Price 72 800,00 KRW
Average target price 116 142,86 KRW
Spread / Average Target 59,5%
EPS Revisions
Managers and Directors
Ho-Sung Song President, Co-Chief Executive Officer & Director
Jun-Young Choi Co-Chief Executive Officer, Director & VP
Woo-Jung Joo Director, VP & Head-Finance
Eui-Sun Chung Chairman
Sang-Koo Nam Independent Director
Sector and Competitors
1st jan.Capi. (M$)
KIA CORPORATION-11.44%20 093
TOYOTA MOTOR CORPORATION-7.79%184 134
VOLKSWAGEN AG-28.76%74 652
MERCEDES-BENZ GROUP AG-21.60%55 770
GENERAL MOTORS COMPANY-43.94%47 926
FORD MOTOR COMPANY-46.08%46 112