Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N
000270.KS - Kia Corp
Q4 2020 Kia Motors Corp Earnings Call
Jan 27, 2021 / 05:10AM GMT
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Presentation
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Unidentified Company Representative, [1]
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Before we begin our presentation, we'd like to provide a note to our investors. For investors' convenience, this presentation has been prepared with unaudited fourth quarter results of fiscal year 2020. Therefore, some numbers are subject to change upon review of Kia's independent auditors.
Kia's business results for fourth quarter 2020 will be provided in the following order: first, sales summary; next, financial summary; next, revenue and earnings analysis; and lastly, our 2021 business plan.
First is our global retail sales. In Q4 2020, emerging markets showed recovery in industry demand, while developed markets fell due to the second wave impact of COVID-19, leading to a 1% decrease in global industry