HOME

TheInfoList



OR:

The Hyundai Motor Group (HMG; ; ; stylized as HYUΠDAI) is a South Korean '' chaebol'' (loosely similar to a multinational conglomerate but without a central holding company or ownership structure) headquartered in
Seoul Seoul (; ; ), officially known as the Seoul Special City, is the capital and largest metropolis of South Korea.Before 1972, Seoul was the ''de jure'' capital of the Democratic People's Republic of Korea (North Korea) as stated iArticle 103 of ...
, South Korea. The HMG also refers to the group of affiliated companies interconnected by complex shareholding arrangements, with Hyundai Motor Company regarded as the ''
de facto ''De facto'' ( ; , "in fact") describes practices that exist in reality, whether or not they are officially recognized by laws or other formal norms. It is commonly used to refer to what happens in practice, in contrast with ''de jure'' ("by la ...
'' representative of the group. It is the third-largest South Korean ''chaebol'', after
Samsung Group The Samsung Group (or simply Samsung) ( ko, 삼성 ) is a South Korean multinational manufacturing conglomerate headquartered in Samsung Town, Seoul, South Korea. It comprises numerous affiliated businesses, most of them united under the ' ...
and
SK Group SK Group ( Korean: SK그룹, 에스케이그룹) is the second largest South Korean chaebol behind Samsung Group. SK Group is composed of 186 subsidiaries and affiliates that share the SK brand name and the group's management culture, named SKMS ...
, 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 HDC Group is a large Korean ''chaebol'' (conglomerate). It is active in a wide array of business fields including property, petrochemicals, retail, leisure, sports, and finance. The current chairman of HDC Group is Chung Mong-Gyu. History Hyund ...
,
Hyundai Department Store Group Hyundai Department Store Group () is a South Korean retail conglomerate that spun off from Hyundai Group in 1999. The company began as Keumgang Development Industries established in 1971. It opened its first store in Ulsan in 1977. The flagshi ...
, and
Hyundai Marine & Fire Insurance Hyundai Marine & Fire Insurance Co., Ltd. () is an insurance company headquartered in Seoul, South Korea. It is one of the largest non-life insurers in South Korea alongside Samsung Fire & Marine, DB Insurance, and KB Insurance. History Hyund ...
.


History

The group was formed through the purchase of 51% of Kia by Hyundai Motor Company in 1998. As of March 31, 2011, Hyundai owns 33.7% of Kia Motors. On May 22, 2022, the Hyundai Motor Group announced the company would invest in additional $5 billion in the United States by the year 2025. The investment would strengthen collaboration with US firms in areas such as; urban air mobility,
autonomous driving A self-driving car, also known as an autonomous car, driver-less car, or robotic car (robo-car), is a car that is capable of traveling without human input.Xie, S.; Hu, J.; Bhowmick, P.; Ding, Z.; Arvin, F.,Distributed Motion Planning for Sa ...
,
artificial intelligence Artificial intelligence (AI) is intelligence—perceiving, synthesizing, and inferring information—demonstrated by machines, as opposed to intelligence displayed by animals and humans. Example tasks in which this is done include speech r ...
, and
robotics Robotics is an interdisciplinary branch of computer science and engineering. Robotics involves design, construction, operation, and use of robots. The goal of robotics is to design machines that can help and assist humans. Robotics integrate ...
. The investments were announced during a visit to South Korea by President Biden.


Businesses

The largest member of the ''chaebol'', Hyundai Motor Company, has a controlling stake in
Kia Kia Corporation, commonly known as Kia (, ; formerly known as Kyungsung Precision Industry and Kia Motors Corporation), is a South Korean multinational automobile manufacturer headquartered in Seoul, South Korea. It is South Korea's second lar ...
, and they are the largest and second largest car manufacturers in the country respectively. Following several years of rapid growth, the Group sold 8.01 million vehicles in 2015, falling short of its sales target. In 2017 the Group sold 7.25 million vehicles, the lowest in five years at that point. According to the
Organisation Internationale des Constructeurs d'Automobiles The International Organization of Motor Vehicle Manufacturers (OICA; french: Organisation internationale des constructeurs automobiles), founded 1919 in Paris, is an international trade association whose members are 39 national automotive indust ...
, it was the world's third-largest vehicle manufacturer by production volume in 2017, behind Japanese
Toyota is a Japanese multinational automotive manufacturer headquartered in Toyota City, Aichi, Japan. It was founded by Kiichiro Toyoda and incorporated on . Toyota is one of the largest automobile manufacturers in the world, producing about 10 ...
and German
Volkswagen Group Volkswagen AG (), known internationally as the Volkswagen Group, is a German multinational automotive manufacturer headquartered in Wolfsburg, Lower Saxony, Germany. The company designs, manufactures and distributes passenger and commercial ...
.


Affiliates

* Automobile ** Hyundai Motor Company **
Kia Kia Corporation, commonly known as Kia (, ; formerly known as Kyungsung Precision Industry and Kia Motors Corporation), is a South Korean multinational automobile manufacturer headquartered in Seoul, South Korea. It is South Korea's second lar ...
**
Genesis Motor Genesis Motor, LLC, commonly referred to as Genesis ( ko, 제네시스, translit=Jenesiseu), is the luxury vehicle division of the South Korean vehicle manufacturer Hyundai Motor Company. Initially envisioned along with plans for Hyundai's n ...
**
Ioniq Ioniq (stylized as IONIQ) is an automotive marque and a division of Hyundai Motor Company with headquarters in Seoul, South Korea. The marque was established in 2020 as a sub-brand for Hyundai's electric vehicle line-up. The sub-brand is slat ...
* Manufacturing **
Hyundai Steel Hyundai Steel Co., Ltd, or HSC (formerly known as HYU, and Crab Iron & Steel Co., Ltd.) is a steel making company headquartered in Incheon and Seoul, South Korea, and a member of the Hyundai Motor Group. It manufactures a wide variety of produc ...
** Hyundai Rotem * Auto parts ** Hyundai Mobis ** Hyundai IHL ** Hyundai Wia * Construction **
Hyundai Engineering & Construction Hyundai Engineering and Construction Co., Ltd. (HDEC; ) is a major construction company in South Korea. The company was founded by Chung Ju-yung in 1947 as the Hyundai Civil Works Company and was a major component of the Hyundai Group. Hyund ...
** Hyundai Engineering (HEC) * finance **
Hyundai Capital Hyundai Capital Services (Hangul:현대캐피탈) is a South Korean provider of consumer financial services ranging from auto-financing, private financing, and corporate financing. The company is a financial service unit of Hyundai Motor Group. ...
** Hyundai Card * Others **
Boston Dynamics Boston Dynamics is an American engineering and robotics design company founded in 1992 as a spin-off from the Massachusetts Institute of Technology. Headquartered in Waltham, Massachusetts, Boston Dynamics has been owned by the Hyundai Motor Gro ...
** Hyundai Glovis **
Hyundai AutoEver Hyundai AutoEver () is an automobile sales internet company. It is part of Hyundai Motor Group. It was established in 2000, with headquarters are in Seoul, South Korea. Hyundai AutoEver is owned by the Hyundai Motor Company and Kia Motors to s ...


Hydrogen

Hydrogen Wave global online forum was held on September 7, 2021. Hyundai Motor Group (the Group) set out the vision of the hydrogen business and the substance of hydrogen fuel cells and hydrogen mobility. In addition, the Group has set out Hydrogen Vision 2040. Vision FK, a high-performance hydrogen fuel cell vehicle, was unveiled. Vision FK does not use standard, common vehicle parts and combines Hydrogen Fuel Cell System and PE System developed under collaboration with Limak. Hydrogen Fuel Cell System is utilized as a main power source during FK’s low speed driving or for the management of battery condition. Two of 2kg hydrogen fuel tanks are located above rear axle. Also, the 2nd generation fuel cell stacks, with the power of average 85kW to maximum 95kW, are located above the front axle. PE System that consists of two motor drives, decelerator, inverter, and battery, helps to exercise power during the high speed or dynamic driving. The total output of two motor drives applied to the rear-wheel is over 500kW. In December 2021, Hyundai suspended development of its Genesis, and possibly its other, hydrogen cars.Dow, Jameson
"Hyundai pauses Genesis hydrogen fuel cell project just days after ending ICE engines"
Electrek, December 29, 2021


Sports marketing


Hyundai Motor Company

*
Jeonbuk Hyundai Motors FC Jeonbuk Hyundai Motors ( ko, 전북 현대 모터스) is a South Korean professional football club based in Jeonju, North Jeolla Province that competes in the K League 1, the top tier of South Korean football. Playing at the Jeonju World Cup S ...
*
FIFA World Cup The FIFA World Cup, often simply called the World Cup, is an international association football competition contested by the senior men's national teams of the members of the ' ( FIFA), the sport's global governing body. The tournament ha ...
* UEFA Euro * Korea Football Association * International Ski Federation *
International Cricket Council The International Cricket Council (ICC) is the world governing body of cricket. Headquartered in Dubai, United Arab Emirates, its members are 108 national associations, with 12 Full Members and 96 Associate Members. Founded in 1909 as the ' ...
* Indian national cricket team * A-League * Olympique Lyonnais *
PFC CSKA Moscow Professional Football Club CSKA (russian: link=yes, Профессиональный футбольный клуб – ЦСКА, derived from the historical name 'Центральный спортивный клуб армии', English: ...
*
Millonarios Fútbol Club Millonarios Fútbol Club is a professional Colombian football team based in Bogotá, that currently plays in the Categoría Primera A. They play their home games at the El Campín stadium. Millonarios was initially created in 1937 by students f ...
*
National Football League The National Football League (NFL) is a professional American football league that consists of 32 teams, divided equally between the American Football Conference (AFC) and the National Football Conference (NFC). The NFL is one of the ...
*
Hyundai Motorsport Hyundai Motorsport GmbH (HMSG) is a division of South Korean automaker Hyundai Motor Company responsible for the brand's global motorsport activities. The company was established in December 2012 and is based in Alzenau, Germany. Their princip ...
* ICC Champions Trophy *
Hyundai Tournament of Champions The Sentry Tournament of Champions is the calendar-year opening tournament of golf's PGA Tour season, played in Hawaii on the island of Maui. The tournament was founded in 1953; for most of its history the field was restricted to golfers who won a ...
*
FIS Ski Jumping World Cup The FIS Ski Jumping World Cup is the world's highest level of ski jumping and the FIS Ski Flying World Cup as the subdivisional part of the competition. It was founded by Torbjørn Yggeseth for the 1979/80 season and organized by the Internatio ...
* FIS Ski-Flying World Championships *
FIS Nordic World Ski Championships The FIS Nordic World Ski Championships is a biennial nordic skiing event organized by the International Ski Federation (FIS). The World Championships was started in 1925 for men and opened for women's participation in 1954. World Championship eve ...
*
Carlton Football Club The Carlton Football Club, nicknamed the Blues, is a professional Australian rules football club that competes in the Australian Football League (AFL), the sport's top professional competition. Founded in 1864 in Carlton, an inner suburb of Me ...
*
Brisbane Lions The Brisbane Lions is a professional Australian rules football club based in Brisbane, Queensland, that plays in the Australian Football League (AFL). The club was formed in late 1996 via a merger of the Melbourne-based 1883 foundation VFL c ...
* Raja Club Athletic * Wydad Athletic Club * Chelsea Football Club * Major League Baseball


Kia

*
Kia Tigers Kia Tigers ( ko, KIA 타이거즈) are a South Korean professional baseball team founded in 1982 and based in the southwestern city of Gwangju. Until 2001, they were known as the Haitai Tigers. The Tigers are a members of the KBO League and are ...
*
FIFA World Cup The FIFA World Cup, often simply called the World Cup, is an international association football competition contested by the senior men's national teams of the members of the ' ( FIFA), the sport's global governing body. The tournament ha ...
*
UEFA European Championship The UEFA European Football Championship, less formally the European Championship and informally the Euro, is the primary association football tournament organised by the Union of European Football Associations ( UEFA). The competition is conte ...
*
Copa America Copa or COPA may refer to: COPA COPA may refer to: * Computer Operator Programming Assistant. trade of ITI * Child Online Protection Act, a former U.S. law to protect minors from certain material on the internet * Canadian Owners and Pilots Asso ...
*
National Basketball Association The National Basketball Association (NBA) is a professional basketball league in North America. The league is composed of 30 teams (29 in the United States and 1 in Canada) and is one of the major professional sports leagues in the United St ...
* Liga ACB *
FITA Archery World Cup The Archery World Cup is a competition, started in 2006, organized by the World Archery Federation, where the archers compete in four stages in four countries and the best eight archers of each category (from 2010, four archers during 2006-09) ad ...
*
Kia Classic The JTBC Classic Presented by Barbasol, formerly the Kia Classic, is a women's professional golf tournament in Southern California on the LPGA Tour. It debuted in 2010 at the La Costa Resort and Spa in Carlsbad, then moved north for a year in ...
( LPGA) * Australian Open * South Korea national speed skating team *
Sociedade Esportiva Palmeiras Sociedade Esportiva Palmeiras (), commonly known as Palmeiras, is a Brazilian professional football club based in the city of São Paulo, in the district of Perdizes. Palmeiras is one of the most popular clubs in South America, with around ...
* Surrey County Cricket Club * Williams F1 Team * Essendon Football Club * Greater Western Sydney Giants *
Rafael Nadal Rafael Nadal Parera (, ; born 3 June 1986) is a Spanish professional tennis player. He is currently ranked world No. 2 in singles by the Association of Tennis Professionals (ATP). He has been ranked world No. 1 for 209 weeks, and has finish ...
* Kia World Extreme Games * AC Monza * NBA * WNBA * G League


Other affiliate teams

* Ulsan Mobis Phoebus * Cheonan Hyundai Capital Skywalkers * Suwon Hyundai E&C Volleyball Team * Incheon Hyundai Steel Red Angels


Campaign

* 2015 Going Home - Enabling displaced people to virtually visit their hometown by using 3D restoration technology * 2017 Chatty School Bus - School bus for hearing-impaired children applied with sketchbook window technology * 2018 The Quiet taxi - Taxi applied with audio-tactile conversion (ATC) system for hearing-impaired taxi driver * 2020 Little Big e-Motion - Kids mobility featuring emotion recognition technology * 2021 Dear My Hero - Improving sanitation workers' work environment through hydrogen garbage truck


See also

* Hyundai * List of manufacturers by motor vehicle production * List of Korean car makers


References


External links

* {{Authority control Battery electric vehicle manufacturers Vehicle manufacturing companies established in 2000 Conglomerate companies of South Korea Chaebol Conglomerate companies established in 2000 South Korean companies established in 2000 Manufacturing companies based in Seoul