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Hyundai-Kia Group

Hyundai Motor Group
현대자동차그룹
Chaebol
Industry Conglomerate
Founded September 2000; 16 years ago (September 2000)
Headquarters Seoul, South Korea
Area served
Worldwide
Key people
Chung Mong-koo
(Chairman and CEO)
Chung Eui-sun
(Vice Chairman)
Products Automotive, Metals, Stock, Engineering, Steel, Mining, Construction ,Finance
Revenue IncreaseUS$217.275 billion (2015)
IncreaseUS$12.949 billion (2015)
Number of employees
262,463 (2015)
Divisions
Website www.hyundaimotorgroup.com

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 2015 the world's fourth largest vehicle manufacturer behind Japanese Toyota, German Volkswagen Group and American General Motors. 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% 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 2nd 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.


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