Hyundai Motor Group

Hyundai Motor Group
	Hyundai Motor Group global headquarters
Native name	현대자동차그룹
Type	Private (Chaebol)
Industry	Conglomerate
Founded	September 2000; 23 years ago
Headquarters	Seoul, South Korea
Area served	Worldwide
Key people	Chung Mong-koo; (Chairman); Chung Eui-sun; (Executive Vice Chairman)
Products	Automotive, Metals, Stock, Engineering, Steel, Mining, Construction, Finance
Revenue	US$224.1billion (2018)
Net income	US$5.22 billion (2018)
Total assets	US$313.5 billion (2018)
Number of employees	262,463 (2015)
Subsidiaries	List Transportation Hyundai Motor Company; Genesis Motor; Kia Motors (33.88%); Construction Hyundai Engineering & Construction; Sports Teams Jeonbuk Hyundai Motors; Kia Tigers; Ulsan Hyundai Mobis Phoebus; Cheonan Hyundai Capital Skywalkers; Suwon Hyundai E&C Hillstate; Incheon Hyundai Steel Red Angels; Finance Hyundai Capital; Hyundai Card; 'Steel and car parts Hyundai GLOVIS; Hyundai Hysco; Hyundai Steel; Hyundai Mobis; Hyundai DYMOS; Hyundai Motrex; Hyundai Rotem; Hyundai Wia; ;
Website	www.hyundaimotorgroup.com

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The Hyundai Motor Group (IPA: [hjə́ːndɛ]; Hangul: 현대자동차그룹 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, and it is the largest car manufacturer in the country. According to the Organisation Internationale des Constructeurs d'Automobiles, it was the world's third-largest vehicle manufacturer by production volume in 2016, behind Japanese Toyota and German Volkswagen Group.^[2]

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%^[3] 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 second 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.

Following several years of rapid growth, the Group sold 8.01 million vehicles in 2015, falling short of its sales target.^[4] In 2017 the Group sold 7.25 million vehicles, the lowest since 2012.^[5]