Asia Motors Co. Ltd., founded in 1965, was a South Korean motor vehicle manufacturer of large and medium duty trucks, special military vehicles, lightweight cars, civilian jeeps (a small jeep look-alike called the Rocsta and later the Retona), motor vehicle components, to include engines, and buses and mini-buses. Kia owned 28.28% of issued stock. The Fiat 124 was produced under the name Fiat-KIA 124 by Asia Motors from 1970 to 1975. It was completely merged with Kia (itself by then owned by Hyundai) in 1999 and Asia Motors currently has no automobile production. The Rocsta's replacement, the Retona, was sold under the Kia brand.
The Australian Asia Motors distributors, now an independent company called Asia Motors Australia, continues to use the Asia Motors name but now sources its products elsewhere.
Famous quotes containing the words asia and/or motors:
“[N]o combination of dictator countries of Europe and Asia will halt us in the path we see ahead for ourselves and for democracy.... The people of the United States ... reject the doctrine of appeasement.”
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“When General Motors has to go to the bathroom ten times a day, the whole country’s ready to let go. You heard of that market crash in ‘29? I predicted that.... I was nursing a director of General Motors. Kidney ailment, they said; nerves, I said. Then I asked myself, “What’s General Motors got to be nervous about?” “Overproduction,” I says. “Collapse.””
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