Hyundai Motor Company was later established in 1967, and the company's first model, the Cortina, was released in cooperation with Ford Motor Company in 1968.

History 1982 Hyundai PonyĬhung Ju-Yung (1915–2001) founded the Hyundai Engineering and Construction Company in 1947. As of 2022, Hyundai is the world's third-largest carmaker in terms of production, behind Toyota and Volkswagen. Hyundai vehicles are sold in 193 countries through 5,000 dealerships and showrooms. The company employs about 75,000 people worldwide. Hyundai operates the world's largest integrated automobile manufacturing facility in Ulsan, South Korea which has an annual production capacity of 1.6 million units. Those three brands altogether comprise the Hyundai Motor Group.

Currently, the company owns 33.88 percent of Kia Corporation, and also fully owns two marques including its luxury cars subsidiary, Genesis Motor, and an electric vehicle sub-brand, Ioniq. 'modernity'), is a South Korean multinational automotive manufacturer headquartered in Seoul, South Korea, and founded in 1967. Hyundai Motor Company, often abbreviated to Hyundai Motors ( Korean: 현대자동차 Hanja: 現代自動車 RR: Hyeondae Jadongcha listen i)Īnd commonly known as Hyundai (Korean: 현대 Hanja: 現代 RR: Hyeondae, IPA: lit.

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