Hyundai Motor Group

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 Group 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 company would invest an 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, artificial intelligence, and robotics. 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, 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, it was the world's third-largest vehicle manufacturer by production volume in 2017, behind Japanese Toyota and German Volkswagen Group.
Affiliates
Automobile
Hyundai Motor Company
Kia
Genesis Motor
Ioniq
Manufacturing
Hyundai Steel
Hyundai Rotem
Auto parts
Hyundai Mobis
Hyundai IHL
Hyundai Wia
Construction
Hyundai Engineering & Construction
Hyundai Engineering (HEC)
Finance
Hyundai Capital
Hyundai Card
Others
Boston Dynamics
Hyundai AutoEver
Hyundai Glovis
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 2 kg hydrogen fuel tanks are located above the rear axle. Also, the 2nd generation fuel cell stacks, with the power of average 85 kW to maximum 95 kW, 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 500 kW.
In December 2021, Hyundai suspended development of its Genesis, and possibly its other, hydrogen cars.
Sports marketing
Hyundai Motor Company
Jeonbuk Hyundai Motors FC
FIFA World Cup
UEFA Euro
Korea Football Association
International Ski Federation
International Cricket Council
Indian national cricket team
A-League
Olympique Lyonnais
PFC CSKA Moscow
Millonarios Fútbol Club
National Football League
Hyundai Motorsport
ICC Champions Trophy
Hyundai Tournament of Champions
FIS Ski Jumping World Cup
FIS Ski-Flying World Championships
FIS Nordic World Ski Championships
Carlton Football Club
Brisbane Lions
Raja Club Athletic
Wydad Athletic Club
Chelsea Football Club
Major League Baseball
Kia
Kia Tigers
FIFA World Cup
UEFA European Championship
Copa America
National Basketball Association
Liga ACB
FITA Archery World Cup
Kia Classic (LPGA)
Australian Open
South Korea national speed skating team
Sociedade Esportiva Palmeiras
Surrey County Cricket Club
Williams F1 Team
Essendon Football Club
Greater Western Sydney Giants
Rafael Nadal
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
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