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Last Updated: Friday, 26 October 2007, 11:16 GMT 12:16 UK
Strike fall-out widens Kia losses
Kia Sorento vehicles
Kia is 39%-owned by Hyundai
Losses at South Korean carmaker Kia have increased after a series of strikes hit production at the firm.

The firm made a net loss of 55.1bn Won ($60.2m; 29.3m) in the three months to the end of September, against a 49.3bn Won loss a year earlier.

The performance was also hit by a 6.7% fall in sales, the firm said.

A pay dispute led workers at Kia to hold a series of strikes in June and July, which led to disruption over several days.

There was further unrest later in the quarter after contractors employed by the carmaker also stopped production in a wage dispute.

The Won's rise against the US dollar - making its exports more expensive - also affected the results, Kia said.

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