Open main menu

Wikipedia β

The Hyundai Motor Group (IPA: [hjə́ːndɛ]; Hangul현대자동차그룹 Hyeondae Jadongcha Geurup; Hanja現代自動車그룹 Hyeondae Jadong-cha Geurup) (stylized as HYUNDAI) is a South Korean multinational conglomerate headquartered in Seoul, South Korea. It is the largest vehicle manufacturer in South Korea and as of 2016 the world's third largest vehicle manufacturer behind Japanese Toyota and German Volkswagen Group. 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%[2] 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 second largest South Korean chaebol or conglomerate, after Samsung Group, related to other Hyundai-name industries following a specialized development split and restructuring which resulted in Hyundai Motor group, Hyundai Heavy Industries Group, Hyundai Development Company Group, Hyundai Department Store Group, and Hyundai Marine & Fire Insurance.

Hyundai Motor Group
Industry Conglomerate
Founded September 2000; 17 years ago (September 2000)
Headquarters Seoul, South Korea
Area served
Key people
Chung Mong-koo
(Chairman and CEO)
Chung Eui-sun
(Vice Chairman)
Products Automotive, Metals, Stock, Engineering, Steel, Mining, Construction ,Finance
Revenue Increase US$217.275 billion (2015)[1]
Increase US$12.949 billion (2015)[1]
Number of employees
262,463 (2015)[1]

Following several years of rapid growth, the Group sold 8.01 million vehicles in 2015, falling short of its sales target.[3] In 2017 the Group sold 7.25 million vehicles, the lowest since 2012.[4]


Major AffiliatesEdit

Other Business and subsidiariesEdit

Railroad and defense vehiclesEdit

Machine Tools and Heavy IndustriesEdit

Advertising agenciesEdit

Technical developmentEdit

Electrical holdingsEdit


Information technologyEdit

Economy and financeEdit

Travel resortEdit

Sports marketingEdit

See alsoEdit


  1. ^ a b c d "Hyundai Motor Group Financial Statements". 
  2. ^ "Hyundai Motor Company 2013 annual report" (PDF). Retrieved 2014-11-02. 
  3. ^ "Hyundai and Kia miss 2015 sales targets". BBC. 4 Jan 2016. Retrieved 22 January 2018. 
  4. ^ "Hyundai, Kia 2017 global sales at 7.25 million vehicles, miss target". Reuters. 2 Jan 2018. Retrieved 22 January 2018. 

External linksEdit