Hyundai Motor Group

This article is about the Hyundai Motor Group, a group of companies. For subsidiary Hyundai Motor Company, see Hyundai Motor Company.
Hyundai Motor Group
Chaebol
Industry Conglomerate
Founded September 2000
Headquarters Seoul, South Korea
Area served
Worldwide
Key people
Chung Mong-koo
(Chairman & CEO)
Products Automotive, metals, stock, engineering, steel, mining
Revenue ₩84.469 trillion (2012)[1]
₩9.056 trillion (2012)[1]
Number of employees
104,731
Subsidiaries
Website hyundaimotorgroup.com
worldwide.hyundai.com
www.kiamotors.com
Kia Forte Koup
Hyundai ix35

The Hyundai Motor Group (IPA: [hjə́ːndɛ]; Hangul: 현대자동차 그룹; hanja: 現代自動車 그룹) is a South Korean multinational conglomerate company headquartered in Seoul, South Korea. It is the largest automobile manufacturer in South Korea, the second largest automaker in Asia after Toyota and the world's fourth largest automaker after General Motors, Volkswagen Group, and Toyota in 2011.[2] The group was formed through the purchase of 51% of South Korea's second-largest car company, Kia Motors, by Hyundai Motor Company in 1998. As of December 31, 2013, Hyundai owns 33.88%[3] of Kia Motors. The Hyundai Kia Automotive Group also refers to the group of affiliated companies interconnected by complex shareholding arrangements, with Hyundai Motor Company regarded as the de facto representative of the Group. It is the third largest South Korean chaebol or conglomerate after Samsung Group and SK Group.[4]

Major Affiliates

Automobile

Steel

Auto parts

Construction

Other Business and subsidiaries

Railroad and defense vehicles

Machine Tools and Heavy Industries

Advertising agencies

Technical development

Electrical holdings

Logistics

Information technology

Economy and finance

Travel resort

Sports marketing

Hyundai Motor Company

Kia Motors

Other Affiliate Teams

See also

References

  1. 1.0 1.1 "Hyundai Motor Group Financial Performance". Hyundai Motor Group. Retrieved 2013-06-01.
  2. "World motor vehicle production OICA correspondents survey without double counts world ranking of manufacturers year 2011".
  3. "Hyundai Motor Company 2013 annual report". Worldwide.hyundai.com. Retrieved 2014-11-02.
  4. Pesek, William. "Backlash Against the Big Boys in Korea". Bloomberg View. Bloomberg. Retrieved 11 November 2014.

External links

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