Hyundai

The Hyundai Motor Company, commonly known as Hyundai, is a prominent South Korean multinational automotive manufacturer headquartered in Seoul. Established in 1967, the company has become a key player in the global automotive industry. Ownership and Marques: Currently, Hyundai owns 33.88 percent of Kia Corporation and fully owns two distinct marques. These include its luxury cars subsidiary, Genesis, and their electric vehicle brand, Ioniq. Together, these three brands constitute the Hyundai Motor Group. Manufacturing and Production: Hyundai operates the world's largest integrated automobile manufacturing facility in Ulsan, South Korea. This facility boasts an impressive annual production capacity of 1.6 million units, showcasing Hyundai's commitment to large-scale, efficient production. Global Presence: With a workforce of approximately 75,000 people worldwide, Hyundai has a vast global presence. The company's vehicles are distributed in 193 countries through an extensive network of 5,000 dealerships and showrooms. Industry Ranking: As of 2022, Hyundai holds the position of the world's third-largest carmaker in terms of production. This places Hyundai in an elite tier, with Toyota and Volkswagen being the only manufacturers surpassing it in production volume.