hyundai

Hyundai Group (Hangul: 현대그룹; Hanja: 現代그룹; /ˈhjʌndɛ/) is a multinational chaebol (conglomerate) headquartered in Seoul, South Korea. It was founded by Chung Ju-yung in 1947 as a construction firm and Chung was directly in control of the company until his death in 2001.
Following the 1997 East Asian financial crisis and Chung's death, Hyundai underwent a major restructuring and break-up, which reduced the Hyundai Group's business to encompass only container shipping services, the manufacturing of elevators, and tourism. Today, most companies bearing the name Hyundai are not legally connected to Hyundai Group. They include Hyundai Motor Group, Hyundai Department Store Group, Hyundai Heavy Industries Group and Hyundai Development Company. However, most of the former subsidiaries of the Hyundai conglomerate continue to be run by relatives of Chung. If these companies were considered as forming a single broad family business, then it would remain the largest company in South Korea with enormous economic and political power in the country.

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  1. Spiderpig

    Anyone own a fairly recent Hyundai?

    Hi guys, a pretty recent Hyundai Santa Fe has ended up on my shortlist for me next car. It's going to be a long-term car for me (buying for cash), so the 5 year warranty (and reliability) helps a lot here, as does the level of equipment on offer. A couple of things that aren't really easy to...
  2. Greg Hook

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    This is just craziness, I want one of course! 641bhp :eek::thumbsup: https://www.autoexpress.co.uk/hyundai/ioniq-5/354839/new-hyundai-ioniq-5-n-electric-hot-hatch-breaks-cover-641bhp
  3. PRESSTOG

    Ionity at Reduced rate for Hyundai and Kia owners

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  4. PRESSTOG

    Gone Around 360Degrees - Hyundai Kona to Tesla Model 3 and Now back to Kona

    Well we are back in a Kona, After 2 years and 70k miles in our original 2018 (68Reg) Kona which was returned to Hyundai with faults in Aug 2020, we were moved into a Brand New 2020 (70 Reg) Kona by Hyundai,... After just a few weeks I finally gave into the Tesla itch and traded it in for a...
  5. PRESSTOG

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  6. PRESSTOG

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  7. LV426

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  8. DrPhil

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  9. Stuart Wright

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  10. Stuart Wright

    Your thoughts on Hyundai Santa Fe and Mitsubishi Outlander

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