About Company
Hyundai Motor Company, frequently shortened to Hyundai Motors and typically recognized as Hyundai, is an international South Korea-based carmaker with its headquarters in Seoul, South Korea.
Hyundai Motor Company came into existence in 1967. Presently, Hyundai Motor Company is the 33.88% stakeholder of Kia Corporation. Furthermore, HMC is the 100% proprietor of two brand names comprising its deluxe vehicles ancillary, Genesis Motor, and Ioniq, an electric car sub-variety.
Those three trade names jointly constitute the Hyundai Motor Group.
Hyundai runs the biggest integrated car-making hub across the world in Ulsan, South Korea. The yearly output potential is 1.6 million units. It specializes in manufacturing luxury vehicles, coupés, engines, and commercial vehicles.
The automaker recruits around 75,000 personnel around the world. Hyundai car sales occur in one hundred and ninety-three nations via five thousand franchises and retail outlets.
What type of company is Hyundai Motor Company?
Hyundai Motor Company is a publicly-traded company.
To which industry does Hyundai Motor Company belong?
HMC belongs to the automotive industry.
How many employees work for Hyundai Motor Company?
The giant automaker hires over 75,000 people around the world.
When was Hyundai Motor Company established?
The South Korean car-making behemoth came into existence on December 29, 1967; 54 years back.
Who is the originator of HMC?
The originator of the South Korea-based company is Chung Ju-yung, a business tycoon and industrialist who set up the Hyundai Groups in South Korea.
Where are the headquarters of Hyundai located?
The organization has its central office in Seoul, South Korea.
Which area does Hyundai Motor Company serve?
The company has a global client base.
Which firms are the proprietors of Hyundai Motor Company?
The following people and entities are the stakeholders of HMC:
- Chung Eui-sun – 2.62%
- Chung Mong-koo – 5.33%
- National Pension Service – 8.79%
- Hyundai Mobis – 21.43%
Which is the parent organization of HMC?
The parent organization of this South Korean carmaker is Hyundai Motor Group (from 2000–the present).
What are the divisions under Hyundai Motor Company?
Hyundai Motor Company consists of the following units:
- Ioniq
- Genesis
- Kia
Which are the top Eight Genesis and Hyundai car manufacturing nations in 2021?
| Top Eight Genesis and Hyundai car manufacturing by nation, 2021 | ||
| Nation | Rank | Car manufacturing |
| South Korea | 1 | 1,646,888 |
| India | 2 | 635,413 |
| China | 3 | 360,565 |
| United States | 4 | 288,967 |
| Czech Republic | 5 | 275,620 |
| Russia | 6 | 235,157 |
| Brazil | 7 | 188,349 |
| Turkey | 8 | 161,500 |
Hyundai Motor Company Timeline
1967-2000
2000
Produced the 1st passenger diesel engine in Korea and big commercial engine
The launch of the 4 mid and big-sized bus prototypes
Designed Santa Fe, the oldest electric vehicle in Korea running on fuel cell
Officially sponsored the UEFA Euro 2000
1999
The debut of Equus (Centennial: ultra large-sized sedan of Hyundai Motor), Trajet XG, and Verna
Formulated the oldest automotive fuel cell battery in Korea
1998
Autonomously devised superior high-performance, world-beating V6 Delta engine
The debut of Sonata and Azera (Grandeur)
Set up India factory
Produced 2nd solar power-driven car
The takeover of Kia Motors
1997
Autonomously designed Epsilon engine
Founded the Asan factory and Turkey factory
1996
Collective manufacturing outdoes ten million units
Launch of the Namyang Technology Exploration Hub
The debut of Tiburon and Dynasty
1995
Debut of Elantra (Avante)
Finishing the work for the Jeonju commercial-grade car production factory
HMETC (Hyundai Motor Europe Technical Center) launches
1994
Yearly manufacturing exceeds one million units
Debut of Accent
Fuel cell and solar-power driven electric cars designed
1993
The debut of Sonata II
Introduction of the HCD-II prototype/concept vehicle
1992
Introduction of HCD-I, the oldest concept vehicle in Korea
Accumulative manufacturing outdoes five million units
1991
Designed Alpha engine, which is the oldest engine made in Korea
Debut of Galloper
Designed Sonata EV
1990
The debut of Scoupe and Elantra
1989
International export of Excel crosses one million units
1988
The debut of Sonata, the medium-size deluxe saloon car by Hyundai Motor
1987
Excel becomes the top sold imported economical vehicle in the United States for three successive years
1986
Exporting of Excel to the United States commences
The debut of Azera (Grandeur), the big-sized deluxe vehicle of Hyundai Motor
1985
The debut of Pony Excel
Registration of Hyundai Motor America, the United States-based subsidiary company of the organization
The debut of Sonata first generation
1983
Registration of Hyundai Motor Canada, the Canada-based subsidiary company of the organization
1976
The debut of Hyundai Pony, the oldest passenger vehicle in Korea
1st export to Ecuador took place for Hyundai Pony
1968
Finishing off construction of the Ulsan fabrication hub
Bulk manufacturing of Cortina commences
1967
Registration of Hyundai Motor Company took place
2001-2005
2005
Set up the United States workplace for testing new equipment or ideas
Exports to the Middle East and Africa surmount one million units
Set up the Alabama factory
Designed the fresh Mu V6 engine
Launch in 100 Best Worldwide Brands of Interbrand
Set up the Environmental Tech Exploration Hub
Founded Hyundai America Technical Hub
Built Eco-Friendly Car Recycling Hub
Click gets chosen as the Best Vehicle of India in 2005
The Geneva International Motor Show features the introduction of HED-1 and New Grandeur
Became the Official Collaborator of FIFA from 2007-2014
Mong-Koo Chung, Executive Chairman of the company, gets nominated as the Best Automotive Chief Executive Officer by Automotive in Asia
2004
The debut of Tucson (ix35), the 1st compact SUV of Hyundai Motor
Manufacturing of Delta engine beats one million units
Sonata achieves the top position in IQS by J.D. Power
Accumulative exports outdo ten million units
Designed Lambda engine and Theta engine
Became Official Collaborator of the UEFA Euro 2004
Founded a factory for commercial cars in China as a joint venture
Mong-Koo Chung, the Executive Chairman gets nominated by Business Week as the Top CEO of 2004
2003
Set up the California Design and Technical Hub
Manufacturing of Elantra (Avante) goes beyond two million units
Announced Worldwide Environmental Management
Set up the Europe Technical Hub
Founded the Namyang Design Hub
Yearly exports exceed one million units
Designed the first mega high-pressure hydrogen repository setup in the world for fuel cell electric cars
2002
Accumulative manufacturing at the Asan factory betters one million units
Manufacturing of Sonata commences in China
The debut of the Chinese-built Elantra
Sonata gets the APEAL Award from J.D. Power
Launch of the California Design and Technical Hub
Official supporter of the FIFA World Cup 2002 held in Japan/Korea
The Chicago Automobile Show witnesses the introduction of the HCD – 7 concept vehicle
2001
Manufacturing of Beta engine exceeds one million units
The debut of Santa Fe, the 1st fuel cell electric car in Korea
Set up Hyundai European Design Hub
The debut of Tuscani (the sports sedan of Hyundai), Lavita, and Terracan
Santa Fe achieved the top rank in the U.S. consumer contentment survey
HMA achieves the Chairman’s Award by J.D. Power
The Chicago Automobile Show sees the launch of the HCD – VI concept vehicle
2006-2010
2010
Introduction of the HED-VII fusion concept vehicle at the Geneva International Motor Show
Achieved the top rank in the VDS (Vehicle Dependability Study) conducted by J.D. Power for three successive years and IQS (Initial Quality Study) for sub-compact vehicles
The New York International Auto Show sees the debut of the Sonata Hybrid
Tucson and Genesis were nominated as the #1 in Vehicle Satisfaction Awards by AutoPacific
Sonata achieved the top safety rankings in the United States by the National Highway Traffic Safety Agency
Accumulative sales of Sonata crosses five million units
The official promoter of the FIFA World Cup 2010 held in South Africa
Mong-Koo Chung, the Executive Chairman gets nominated as Asia’s Best Automobile Industry CEO
The debut of BlueOn, the environment-friendly electric vehicle
Accumulative sales performed by Hyundai Motor India exceeds three million units
Set up the Russia factory
The Paris Motor Show Debut of ix20 small minivan
The debut of the autonomously-designed Nu·Tau GDi engines and RWD eight-gear automatic drive
Official vehicle supporter of the G20 Summit
Tau engine gets nominated by Ward’s Auto as ’10 Best Engines Winners’ for a 3rd successive year
Yearly sales in the United States exceed 500,000 units
Designed Tucson fuel-cell electric car
2009
Genesis gets nominated as the ‘North American Car of the Year’
Served as the principal promoter of the U.S. Super Bowl
Accumulative exports to the African continent surmount one million units
Achieves the 69th rank in Worldwide Brand Value
Set up the Czech factory
Founded Hyundai Motor India Engineering Pvt. Ltd.
Designed superior performance next-gen Theta GDi
Santa Fe sales beat two million units
Sonata accumulative sales exceed five million units
Hyundai Motor India’s accumulative sales exceed three million units
Set up the Russia factory
The debut of the autonomously-designed RWD eight-gear automatic drive and Nu·Tau GDi engines
Yearly sales in the United States beat 500,000 units
Introduction of the novel brand route and catchphrase ‘New Thinking. New Possibilities.’
The debut of the fifth-generation Veloster and Azera (Grandeur)
The debut of Sonata Hybrid
Introduction of i40 wagon
Accumulative exports to South and Central America cross two million units
Gamma engine gets nominated by Ward’s Auto for the ‘10 Best Engines Winners’
Launch of the ix-onic concept vehicle and three-door i20 at the Geneva International Motor Show
Warranty service satisfaction review in China awards it as the best automobile manufacturer
Hyundai achieves the top rank in the IQS (Initial Quality Study) conducted by J.D. Power
Avante (Elantra) gets nominated as the top compact vehicle in the Vehicle Debut Index released by J.D. Power
Genesis achieves the top rank in the Vehicle Debut Index published by J.D. Power
Launch of ix-Metro and ix35 at the International Automobile Ausstellung
Wins the Presidential Trophy at the Korean Technology Awards 2009
2008
Debut of Genesis
Set up the 2nd factory in India
Beijing Hyundai attains the manufacturing landmark of one million cars
Founded the 2nd factory in Beijing
Sales of Elantra (Avante) beat five million units
The debut of i20, the European strategic prototype
Designed next-gen, dirt-free diesel R-engine
Introduced the Blue Drive label for eco-friendly prototypes
Tau engine gets nominated by Ward’s Auto for the ‘10 Best Engines Winners’
Designed front-wheel six-gear automatic drive
The Geneva International Motor Show witnesses the debut of the green concept vehicle i-Mode
The official promoter of the 2008 UEFA Euro
2007
The debut of the i30 European strategic prototype
Accumulative sales in the United States beat five million units
Introduction of i-Blue, the 3rd gen fuel-cell concept vehicle
Designed diesel engines F, G, and H for transport cars
Hyundai Motor India debuts the next-gen compact vehicle i10
Verna received the Best Vehicle of the Year award by Overdrive magazine (India)
The Geneva International Motor Show witnesses the launch of the QarmaQ (HED-IV) concept vehicle
The Seoul Motor Show sees the debut of the Veloster (HND-III) concept vehicle
Grandeur (Azera) achieves the top rank in the Customer Satisfaction Review by J.D. Power for a 2nd successive year
Installation of the Brazil-based CKD factory
i30 gets chosen as Green Vehicle of the Year and Australia’s Vehicle of the Year
2006
Designed Gamma engine
The top Non-Luxury Nameplate in IQS (Initial Quality Study) by J.D. Power
Debut of new Elantra (Avante)
South American exports exceed one million units
Designed V6 diesel S engine
Set up new Hyundai Motor Europe edifice
Yearly sales beat one trillion KRW
Overall manufacturing attains # 6 in the world
The debut of the Arnejs, Hellion, Talus, and Genus concept vehicles
Chosen among the 100 Best Worldwide Brands by Interbrand for a 2nd successive year
The official promoter of the FIFA World Cup Germany 2006
Hyundai Motor Company Management
Chung Eui-sun (Chairman)
Chung Eui-sun serves as the Chairman of the Hyundai Motor Group. He has been in this position since 2020. He did his schooling at Whimoon High School and did a BBA in 1993 from Korea University. Eui-sun also received an MBA degree in 1997 from the School of Business, University of San Francisco. Chung Mong-Koo, Chung’s father, serves as the honorary chairman of the South Korean carmaker. Chung previously had the opportunity to serve Kia Motors as the President. He is also a Next Generation Leadership Award winner of the 2006 World Economic Forum.
Jae Hoon Chang (President and CEO)
Jae Hoon Chang serves as the Chief Executive Officer and President of the company. He has an MBA degree from Boston University. He also serves as the President of the Planning, Sales, and Marketing division of Hyundai Motor Company.
Product line of Hyundai Motor Company
- Cars – Elantra (in South Korea also known as Avante), Accent/Verna, executive Grandeur, Sonata, and various China-based models which comprise Celesta, Reina, Mistra, Lafesta, HB20, Santro, and i30 C-segment.
- Crossovers/SUVs (sport utility vehicles) – Santa Fe, Tucson, Kia Sportage, Creta (in China also named ix25), Kona, ix35, and Casper.
- Electric and hybrid vehicles – Hybrid-electric FGV-1, Hyundai Accent HEV, Elantra HEV, Sonata Electric Vehicle, Avante LPI Hybrid, Hyundai BlueOn (an electric model of i10), i-flow, Ioniq 5-door liftback (the name was a blend of Ion and unique), and the Ioniq 5.
- Hydrogen vehicles – Nexo, Xcient truck, Elec City FCEV
- Trucks and buses – Heavy trucks and buses (D-750/800), R-182
- Light commercial vehicles – H350 van (also named Solati)
What were the best-selling Hyundai models in 2021?
The best-selling Hyundai models of 2021 are listed below:
| Model | Rank | Worldwide sales |
| Tucson | 1 | 476,834 |
| Elantra/ i30 Sedan/ Avante | 2 | 380,907 |
| Creta/ix25 | 3 | 313,693 |
| Xcent/i10/Aura | 4 | 245,611 |
| Encino/Kona/Kauai | 5 | 233,170 |
| Santa Fe | 6 | 221,230 |
| Venue | 7 | 185,720 |
| Verna/Accent/Solaris | 8 | 184,286 |
| Sonata | 9 | 158,361 |
| Palisade` | 10 | 157,688 |
What are the sports sponsorships borne by Hyundai Motor Company?
The various sports sponsorships performed by HMC are the following:
- Jeonbuk Hyundai Motors FC
- BCCI
- International Cricket Council
- FIFA
- FIFA World Cup (since 2002)
- UEFA
- UEFA European Championship (since 2000)
- Cricket World Cup
- A-League
- Korea Football Association
- National Football League
- Inside the NBA
- Sun Bowl
- Olympique Lyonnais
- Hyundai Tournament of Champions
- Millonarios Fútbol Club
- PFC CSKA Moscow
- Tampines Rovers FC
- Club Universitario de Deportes
- Moroka Swallows F.C.
- Al-Fateh SC
- Park United FC
- Mandurah City FC
- Brisbane Lions
- Carlton Football Club
- AS Cannes Volley-Ball
- Brisbane Broncos
- Rhys Millen
- Hyundai Hockey Helpers
- Hertha BSC
- Atlético Madrid
- AS Roma
- Chelsea FC
Other sponsorships by Hyundai Motor Company
- CNN Worldwide
- Academy Awards
- Hyundai Auto Club Philippines
Disclaimer: This article is not meant for investment awareness. Instead, it is for knowledge enhancement. Readers are hereby advised not to use this piece of information for any kind of investment venture. Even if someone is interested in investment, he should do it after adopting a lot of caution. Talking to an investment consultant is the most reasonable option in this scenario. Stay away from any type of hasty decision-making to pave the path for a secure financial future. Investment is linked to market risks and to fend off these risks, you always need to keep yourself level-headed.
