Kia set to exit large bus business after 55 years

Kia is preparing to exit the large bus business, a move that would bring to an end more than five decades of production dating back to its predecessor, Asia Motors.

According to Kia's labor union on Wednesday, the company informed workers at a labor-management employment stability committee meeting that it plans to discontinue production of the Granbird large bus within the next one to two years.

If implemented, production of large buses within Hyundai Motor Group would be consolidated under Hyu ...