Hyundai Motor CompanySeoul, South Korea

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Hyundai Motor Company Description

South Korea's #1 carmaker, Hyundai Motor produces 14 models of cars, SUVs, and minivans, as well as trucks, buses, and other commercial vehicles. The company re-established itself as South Korea's leading carmaker in 1998 by acquiring a 51% stake in Kia Motors (since reduced to about 39%). Selling cars in the US since 1986, Hyundai started selling its heavy trucks stateside in 1998. Hyundai's models for the North American market include the Accent and Sonata; models sold elsewhere include the GRD and Equus. The company also manufactures machine tools for metalworking applications, such as horizontal machining, turning, and vertical machining.

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The Company Description provides a historical perspective of Hyundai Motor's organization from inception to current status.

Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Hyundai Motor's evolution in the marketplace.

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