Hyundai Motor Company
The Hyundai Motor Company, often referred to as Hyundai Motors, (Korean: 현대자동차; Hanja: 現代自動車; RR: Hyeondae Jadongcha ⓘ) and commonly known as Hyundai, (Korean: 현대; Hanja: 現代; RR: Hyeondae, IPA: [ˈhjəːndɛ]; lit. 'modernity') is a South Korean multinational automotive manufacturer headquartered in Seoul, South Korea, which was founded in 1967. Currently, the company owns 33.88 percent of Kia Corporation, and fully owns two marques including its luxury cars subsidiary, Genesis, and their electric vehicle brand Ioniq. The three brands altogether make up the Hyundai Motor Group.
Headquarters (right) in Seoul, South Korea | |
| Company type | Public |
|---|---|
Traded as | KRX: 005380 LSE: HYUD |
| Industry | Automotive |
| Founded | 29 December 1967 |
| Founder | Chung Ju-yung |
| Headquarters | Seoul , South Korea |
Area served | Worldwide |
Key people |
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Production output | 4,858,000 units (2016) |
| Revenue | ₩117.61 trillion (2021) |
| ₩6.68 trillion (2021) | |
Net income | ₩5.69 trillion (2021) |
| Total assets | ₩233.95 trillion (2021) |
| Total equity | ₩82.61 trillion (2021) |
| Owners | Hyundai Mobis (21%) National Pension Service (9%) Chung Mong-koo (5%) Chung Eui-sun (3%) |
Number of employees | 104,731 (2013) |
| Parent | Hyundai Motor Group |
| Divisions | |
| Subsidiaries | List
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| Korean name | |
| Hangul | 현대자동차 주식회사 |
| Hanja | 現代自動車 株式會社 |
| Revised Romanization | Hyeondae Jadongcha Jusikhoesa |
| McCune–Reischauer | Hyŏndae Chadongch'a Chushikhoesa |
| Website | hyundai |
Hyundai operates the world's largest integrated automobile manufacturing facility in Ulsan, South Korea which has an annual production capacity of 1.6 million units. The company employs approximately 75,000 people worldwide. Hyundai vehicles are sold in 193 countries through 5,000 dealerships and showrooms. As of 2022, Hyundai is the world's third-largest carmaker in terms of production, only falling behind Toyota and Volkswagen.