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Baron Funds Comments on KIA Motors Corp.

February 24, 2014 | About:

KIA Motors Corp. (XKRX:000270) is a leading automotive manufacturer with strong market share in Korea and a fast-growing export business. Following a strong third quarter, the company's shares retreated in the fourth quarter, as it struggled with labor-related production disruptions and the anticipated impact of a much more competitive Japanese Yen relative to the Korean Won. We remain comfortable with KIA's long-term global market share potential and innovative research and design capability. (Michael Kass)

From Ron Baron (Trades, Portfolio)'s Baron Funds' fourth quarter 2013 commentary.


Rating: 4.0/5 (1 vote)

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