According to a 2009 annual report , Hyundai Motor Company 's original 51 % share of Kia Motors is currently worth slightly less than 35 % .
It was formed through the purchase of 51 % ( currently 34.58 % Hyundai Motor 2009 annual report ) of South Korea 's second-largest car company , Kia Motors , by Hyundai Motor Company in 1998.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 .
Hyundai Motor Group