Word: kia
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...killed or negotiates to surrender. The other names the 20 or so top al-Qaeda terrorists Washington wants, starting with Osama bin Laden. Most of the names accompany color photographs of varying quality. When good news comes in, a fresh version is printed with a bold INJ or KIA (injured or killed) printed across the picture. "If there's nothing there," says a Pentagon official, "it means he's a work in progress...
...Qaeda list are thought to be dead; perhaps 12 of those on the Taliban list have been killed or wounded or have defected. On Saturday came word that the Taliban governor of Kandahar and a dozen of his commanders could be marked KIA, after a U.S. bomb took them out in a village outside the city...
...time to reconsider. Since 1999, the Hyundai Motor Corp. and its subsidiary, Kia Motors, have racked up sales increases of an astonishing 70%. In June, when the Big Three U.S. automakers saw their collective sales shrink 4%, Hyundai's rose 37%. The stylish new Santa Fe SUV is in such demand that there's up to a two-month wait for delivery. Both the Santa Fe and the Toyota Corolla-sized Elantra recently won top marks for front-end crash results from the Insurance Institute for Highway Safety, beating rivals like Toyota's RAV 4 and Ford's Escape. Consumer...
Hyundai and Kia are defying a tradition that has put all their compatriots out of business except Daewoo, which is sputtering. As Korea lurched toward democracy and full-scale industrialization in the late 1980s, labor unrest worsened quality problems in carmaking and other industries. The Asian financial crisis struck another blow in 1997. Kia (then independent) went bust, to be absorbed by Hyundai. Daewoo, Korea's second largest automaker, filed for bankruptcy last year with estimated debts of $17 billion. Its fate now depends largely on whether General Motors can negotiate a takeover...
More important, offerings from both Hyundai and Kia seem to have cleared the quality hurdles that were once so debilitating to each company. Reilly, who just opened a second dealership in Alexandria, Va., says warranty claims are down 50%. Meanwhile, according to AutoPacific, an industry consultancy, customer satisfaction is up: the organization has just ranked the Santa Fe as America's top compact SUV. Says AutoPacific president George Peterson: "This is a testament to the excellent progress Hyundai is making in product development...