The growing demand for low-cost two-wheelers allowed the company to open a new plant in 1955 and KyungSung company was able to continue production, but under the name Kia Industrial Company. In 1952, the impoverished countries ended the conflict, and the Soon a war broke out, dividing the country into South and North Korea, and severely slowing down the development of production. Only two years later, the company was able to raise capital and purchase the necessary equipment, after which the first domestic bicycles appeared in Korea. At that time there was no opportunity to produce them independently in the country - there was neither experience nor funds, so they wereĪll imported. Manufacture of a small range of parts for bicycle repair. The Korean company, which is now known as the Kia Motors Corporation, was founded in 1944 and was initially called KyungSung Precision Industry.
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