- Korea’s largest automotive group aims to help quicken recovery effort
(SEOUL) September 5, 2007 -- The Hyundai-Kia Automotive Group, Korea’s largest automobile manufacturer, announced today that it has donated €200,000 to support relief efforts for victims of the catastrophic fires that raged across Greece from late August to early September.
The funds were donated at a ceremony held yesterday (September 4th) at the Greece Ministry of Economy and Finance. The donation was handed over to George Alogoskoufis, Greek Minister of Economy and Finance, by Hank Lee, Kia Motors Europe President.
Speaking from Seoul, Korea, Yong-Hwan Kim, Senior Executive Vice President and COO of Kia Motors, said, “All of our employees, executives and partners around the world share in the grief and suffering of the victims, especially those who have lost their loved ones in this horrific tragedy. It is our sincere hope that our assistance will play a small part in helping Greece on its road to recovery.”
In the past, Hyundai-Kia Automotive Group has been an active participant in providing emergency assistance to various disaster relief efforts around the world in the form of funds, ambulances, relief goods and other aid.
The Group donated $200,000 to the Philippine government following the devastating landslide in February of this year; and also donated US$534,000 to India and US$150,000 each to the authorities in Indonesia, Malaysia, Thailand, and Sri Lanka following the tsunami that hit Southeast Asia in December 2004. It also provided US$370,000 worth of free vehicle repairs and parts supply to the affected nations, while 5,000 local Hyundai-Kia Automotive Group employees and dealers joined in the relief effort.
Other recent disaster relief donations include US$100,000 to support relief efforts for victims of the catastrophic earthquake that hit Indonesia in May 2006, while the Group also provided support for victims of the Iran and Algeria earthquakes in 2003 as well as the Pakistan earthquake in 2005.
Photo caption: Hank Lee, President of Kia Motors Europe (left center), and George Alogoskoufis, Greek Minister of Economy and Finance (right center), during the Hyundai-Kia Greece fire relief donation ceremony.
Kia Motors Corporation (www.kia.com) -- one of the fastest growing automakers in the world -- was founded in 1944 and is Korea’s oldest manufacturer of motor vehicles. As part of the Hyundai-Kia Automotive Group, Kia aims to become one of the world’s premier automotive brands. Kia’s 12 manufacturing and assembly operations in 8 countries produce more than 1.3 million vehicles a year that are sold and serviced through a network of distributors and dealers covering 165 countries. Kia today has over 33,000 employees and annual revenues of almost $19 billion. It is the major sponsor of the Australian Tennis Open and an official worldwide sponsor of the Davis Cup. From 2007 to 2014, Kia will be an official automotive partner of FIFA -- the governing body of the FIFA World Cup -- as well as a EUROTOP partner of UEFA. Kia Motors Corporation’s brand slogan -- “The Power to Surprise” -- represents the company’s global commitment to surpassing customer expectations through continuous-automotive innovation.