Kia Motors

Kia Motors Corp Chairman Jin Nyum said on Friday he is trying to rescue his debt-ridden company by seeking peace with the unions, relief from creditors and capital from Ford Motor Co. In October, creditors filed for court receivership for the embattled Kia Group, which also includes heavy vehicle maker Asia Motors, Kia Steel Co Ltd and Kisan Co Ltd. The group had amassed about 10 trillion won ($5.9 billion) in debts.