Submitted Article - Hawaii Travel - hawaii-resource.com

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Results were hit by \"production disruptions over wage negotiations and falling revenue,\" Kia\'s Chief Executive Officer Cho Nam hong said in a statement. Kia, an affiliate of Hyundai Motor Co. (KSE:005380), lost 55.1 billion won (US$60 million) in the three months ending Sept. 30, compared with a loss of 43.9 billion won in the same period last year. At the operating level, Kia reported a loss of 116.4 billion won for the quarter, compared to a loss of 88.5 billion won a year ago. Sales fell 6.7 per cent to 3.2 trillion won. The Korean won\'s 3.4 per cent year to year appreciation against the U.S. dollar also partly affected the results, Kia said. Unionized...
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