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];[a] 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,[5] and fully owns two marques including its luxury cars subsidiary, Genesis, and their electric vehicle brand Ioniq.[6][7][8] The three brands altogether make up the Hyundai Motor Group.
Company type
29 December 1967
Worldwide
- Chung Eui-sun (Chair)
- Chang Jae-hoon (President and CEO)
- SangYup Lee (Chief Designer)
4,858,000 units (2016)[1]
₩6.68 trillion (2021)[2]
₩5.69 trillion (2021)[2]
₩233.95 trillion (2021)[2]
₩82.61 trillion (2021)[2]
Hyundai Mobis (21%)
National Pension Service (9%)
Chung Mong-koo (5%)
Chung Eui-sun (3%)[3]
104,731 (2013)[4]
- Hyundai Motor India
Hyundai Motors Indonesia
Hyundai Motor America
Hyundai of Canada
Hyundai Motor of South America
Hyundai do Brasil
Hyundai China
Beijing Hyundai
Hyundai Japan
Hyundai Motor Philippines
Hyundai Motor Europe
Hyeondae Jadongcha Jusikhoesa
Hyŏndae Chadongch'a Chushikhoesa
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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.[9] The company employs approximately 75,000 people worldwide. Hyundai vehicles are sold in 193 countries through 5,000 dealerships and showrooms.[10] As of 2022, Hyundai is the world's third-largest carmaker in terms of production, only falling behind Toyota and Volkswagen.[11]
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Marketing
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Environmental record
On 23 April 2008, Hyundai Motor announced the beginning of a five-year project to turn 50 km2 of infertile land into grassland by 2012. Hyundai is doing so with the help of the Korean Federation for Environmental Movement (KFEM). The project, named Hyundai Green Zone, is located 660 km north of Beijing. The goal of the project is to end the recurring dust storms in Beijing, block desertification and protect the local ecosystem. Local weeds will be planted in the region that have the ability to endure sterile alkaline soil. This is the first environmental project of the company's social contribution programme.
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Corporate social responsibility
In 2008, Hyundai Motors established a committee to oversee its Corporate Social Responsibility programme.[212] Among the programme's initiatives have been the "Happy Move Global Youth Volunteers Program".[213]
The Hyundai Motors' India Foundation (HMIF) has invested more than 20 million rupees in various corporate social responsibility programmes in India. In 2011, it started the "Go Green" village adoption project in Tamil Nadu. Its aim was to promote environmentally friendly products, increase the forest cover in Tamil Nadu, and improve living and hygiene conditions in the region's villages. A number of schools have been adopted for improvement with the HMIF donating around 450 benches to government schools and drilling 10 bore wells.[214]
In 2020, Hyundai Motors signed a contract with UN Development Programme and launched a campaign ‘for Tomorrow’ in 2021 to create and realize a solution for problems that global society faces. In 2022, the documentary film 'for Tomorrow' was released which contains the main story of the 'for Tomorrow' project.[215]
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Media related to Hyundai Motor Company at Wikimedia Commons
35°32′42″N 129°22′20″E / 35.544890°N 129.372108°E