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Hyundai
Hyundai is a former South Korean industrial conglomerate ("''chaebol''"), which was restructured into the following groups: * Hyundai Group, parts of the former conglomerate which have not been divested ** Hyundai Asan, a real estate construction and civil engineering company * Hyundai Motor Group, the automotive part of the former conglomerate ** Hyundai Motor Company, an automobile manufacturer ** Hyundai Mobis, a car parts company ** Hyundai Motorsport, a racing team ** Hyundai Rotem, a manufacturer of railway vehicles, defense systems, and factory equipment ** Hyundai Engineering and Construction, a construction company * HD Hyundai Group, the heavy industry part of the former conglomerate ** HD Hyundai Heavy Industries, the primary company representing the group ** HD Hyundai Mipo, a shipbuilding company ** HD Hyundai Samho, a shipbuilding company ** HD Hyundai Oilbank, a petroleum refinery company * Hyundai Department Store Group, the retail division of the former conglome ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hyundai Motor Company
Hyundai Motor Company, often referred to as Hyundai Motors, ( ) and commonly known as Hyundai (), is a South Korean multinational corporation, multinational Automotive industry, automotive manufacturer headquartered in Seoul, South Korea, which was founded in 1967. Currently, the company owns 33.88 percent of Kia, Kia Corporation, and owns a luxury cars subsidiary, Genesis Motor, Genesis. The three brands altogether make up the Hyundai Motor Group. Hyundai operates the second largest automobile manufacturing facility in the world 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 car dealership, dealerships and showrooms. As of November 2024, Hyundai is the world's List of automotive manufacturers by production, third-largest carmaker in terms of production, behind competitors Toyota and Volkswagen Group, Volkswagen. History E ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hyundai Rotem
Hyundai Rotem Company, often referred to as Hyundai Rotem (), is a South Korean manufacturer of railway rolling stock, railway signalling, defense products and plant equipment. It is a member of Hyundai Motor Group and has presence in more than 50 countries worldwide. As of 2023, Hyundai Rotem has more than 3,900 employees. History As part of the Government of South Korea, government-led restructuring in the wake of 1997 Asian financial crisis, Korea Rolling Stock Corporation (KOROS, ) was founded on 1 July 1999 as a result of the merger between three major rolling stock divisions of Hanjin Heavy Industries, Daewoo Heavy Industries, and Hyundai Mobis, Hyundai Precision Industry. In 2000, Hyundai Precision Industry sold its defence and plant businesses to KOROS, effectively making KOROS an affiliate company of Hyundai Motor Company. Hyundai Precision Industry was renamed as Hyundai Mobis in the same year. In August 2001, in an aftermath of Daewoo Group's dissolution, Daewoo He ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Automotive Industry In South Korea
The automotive industry in South Korea is the List of countries by motor vehicle production, fifth-largest in the world as measured by automobile unit production and also the five-largest by automobile export volume. While its initial operations were merely the assembling of parts imported from foreign companies, South Korea is today among the most advanced automobile-producing countries in the world. Annual domestic output first exceeded one million units in 1988. In the 1990s, the industry manufactured numerous in-house models, demonstrating not only its capabilities in terms of design, performance, and technology, but also signalling its coming of age. Major South Korean automobile manufacturers include GM Korea, Hyundai Motor Group and its affiliate Kia, along with Renault Korea. History Origins The history of the Korean automotive industry began in August 1955, when Choi Mu-seong, a Korean businessman, and two of his brothers (Choi Hae-seong and Choi Soon-seong), mount ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hyundai Group
Hyundai Group (; ) is a South Korean conglomerate founded by Chung Ju-yung. The group was founded in 1947 Hyundai Engineering & Construction, as a construction company. With government assistance, Chung and his family members rapidly expanded into various industries, eventually becoming South Korea's second chaebol. Chung Ju-yung was directly in control of the company until his death in 2001. The company spun off many of its better known businesses after the 1997 Asian financial crisis and founder Chung Ju-yung's death, including Hyundai Motor Group, Hyundai Department Store Group, and Hyundai Heavy Industries Group. The Hyundai Group now focuses on elevators and tourism to Mount Kumgang. Etymology The name "Hyundai" comes from the Korean word (), meaning "modernity". History In 1947, Hyundai Togun (Hyundai Engineering and Construction), the initial company of the Hyundai Group, was established by Chung Ju-yung. Hyundai Construction began operating outside of South Kore ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 principal activity is running the Hyundai World Rally Team in the World Rally Championship (WRC). In 2015, its customer racing division was established to provide competition machinery and services in the R5 rallying and TCR touring car motorsport categories. In 2024, the company announced its intention to enter the FIA World Endurance Championship (WEC) through the LMDh program using the Genesis brand. History A predecessor based in Korea, ''Hyundai Motor Sport'', existed at least between 1998 and 2003. This was the department of Hyundai that contracted Motor Sport Developments to run campaigns in the 2-Litre Cup of the World Rally Championship with the Hyundai Coupe F2, and in the WRC Manufacturer's championship with the Hyundai Acce ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hyundai Motor Group
The Hyundai Motor Group (HMG; ; stylized as HYUNDAI) is a South Korean '' chaebol'' (loosely similar to a multinational conglomerate but without a central holding company or ownership structure) headquartered in Seoul, 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'' representative of the group. It is the third-largest South Korean ''chaebol'', after Samsung and SK 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. History The group was formed through the purchase of 51% of Kia by Hyundai Motor Company in 1998. As of 2011, Hyundai owns 33.7% of Kia Motors. On May 22, 2022, the Hyundai Motor Group announced the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
HD Hyundai
HD Hyundai Co., Ltd. () is one of the largest South Korean conglomerates engaged in shipbuilding, heavy equipment, machinery, and the petroleum industry. HD Hyundai started its shipbuilding business in a small village in Ulsan, South Korea, in 1972 and grew into a global heavy industries company. It is a major supplier in the heavy industries and energy sector, ranging from shipbuilding and marine engineering to oil refining, petrochemicals, and smart energy management businesses. HD Hyundai rebranded its name of Hyundai Heavy Industries Group (HHI Group) to 'HD Hyundai' in 2022 to mark its 50th anniversary. Businesses HD Hyundai operates three core businesses - shipbuilding, heavy equipment, and energy - through HD Korea Shipbuilding & Offshore Engineering, HD Hyundai XiteSolution, and HD Hyundai Oilbank. HD Korea Shipbuilding & Offshore Engineering is a sub-holding company that controls the group's shipbuilding companies, including HD Hyundai Heavy Industries, HD Hyundai S ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chaebol
A chaebol ( , ; , ) is a large industrial South Korean conglomerate run and controlled by an individual or family. A chaebol often consists of multiple diversified affiliates, controlled by a person or group. Several dozen large South Korean family-controlled corporate groups fall under this definition. The term first appeared in English text in 1972. Chaebol have also played a significant role in South Korean politics. In 1988, a member of a chaebol family, Chung Mong-joon, president of Hyundai Heavy Industries, successfully ran for the National Assembly of South Korea. Other business leaders were also chosen to be members of the National Assembly through proportional representation. Hyundai Group, Hyundai has made efforts in the thawing of North Korea–South Korea relations, North Korean relations, despite some controversy. Many South Korean family-run chaebol have been criticised for low dividend payouts and other governance practices that favor controlling shareholders ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hyundai Mobis
Hyundai Mobis Company Limited (), commonly known as Hyundai Mobis, is a public South Korean car parts company which is a member of Hyundai Motor Group. Founded in 1977, the company currently forms the "parts and service" arm for the South Korean automakers Hyundai Motor Company, Genesis Motors and Kia Motors. As of 2014, it was the "world's No. 6 automotive supplier". History Headquartered in Seoul, South Korea, it was founded on June 25, 1977 as "Korea Precision Industry", then to Hyundai Precision Industry () a few days later on July 1. In 2000, the company changed its name to Hyundai Mobis. In June 2023, the company ranked #464 on the Forbes Global 2000, with a market cap of US $15.14 billion. In 2015, it had revenues of $32.11 billion. Products The company offers chassis, cockpit, and front-end modules; safety products, including airbags; headlights; anti-lock brake system and electronic stability control products; steering parts; multimedia in-car entertainment systems; ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hyundai Engineering And 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. Hyundai Construction and Hyundai Engineering merged in 1999. Hyundai Construction played a major role in the importation of Korean laborers to the Middle East to work on construction projects in the 1970s and 1980s. In the decade following 1975, Hyundai signed their first contract in the region for construction of a shipyard for the Iranian Navy near Bandar-e Abbas. 800,000 Koreans went to work in Saudi Arabia and another 25,000 went to Iran; Hyundai was their largest employer. Under creditors' management with Korea Exchange Bank as the largest creditor, Hyundai Group was split into several entities from 2001 to 2006. [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 flagship store, in the affluent Seoul neighborhood of Apgujeong, was opened in 1985. Its major competitors are Lotte Department Store, Shinsegae Shinsegae Inc. (, ) is a South Korean department store Franchising, franchise, along with several other businesses, headquartered in Seoul, South Korea. The firm is an affiliate of Shinsegae Group, South Korea's leading retail ''chaebol'', and ..., Hanwha Galleria, NC Department Store etc. Group families * Hyundai Department Store * Hyundai Department Store Duty Free * Hyundai Home Shopping * Handsome * Hyundai Green Food Seoul * Hyundai Livart * Hyundai L&C * Hyundai Rental Care * Hyundai Dream Tour * Hyundai Ezwel * Hyundai Everdigm * Hyundai Bioland See also * Chaebol * List of South Kor ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
HD Hyundai Heavy Industries
HD Hyundai Heavy Industries Co., Ltd. (HHI; ) is the world's largest shipbuilding company and a major heavy equipment manufacturer. Its headquarters are in Ulsan, South Korea. History HHI was founded in 1972 by Chung Ju-yung as a division of the Hyundai Group, and in 1974, completed building its first ships. In 2002, the company was spun-off from its parent company. HHI has four core business divisions: Shipbuilding, Offshore & Engineering, Industrial Plant & Engineering, and Engine & Machinery. HHI also has five non-core related subsidiaries: Hyundai Electric & Energy Systems, Hyundai Construction Equipment, Hyundai Robotics, Hyundai Heavy Industries Green Energy, and Hyundai Global Service. The Hyundai Group started as a small South Korean construction firm in 1947, headed by its founder, Korean entrepreneur Chung Ju-yung. Another widely known and closely related Korean company, the Hyundai Motor Company, was founded in 1967, five years prior to the founding of the Heavy ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
