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Hyundai Group (Korean: 현대그룹; Korean pronunciation: [ˈhjəːndɛ] [1]) is a South Korean conglomerate founded by Chung Ju-yung. The group was founded in 1947 as a construction company . With government assistance, Chung and his family members rapidly expanded into various industries, eventually becoming South Korea's second chaebol .
The Hyundai i20 WRC is a World Rally Car built by Hyundai for use in the 2014 World Rally Championship. [218] It is based on the Hyundai i20 subcompact car, and was unveiled at the 2012 Paris Motor Show. The launch of the i20 marks Hyundai's return to the World Rally Championship after a ten-year absence. [219]
The group was formed through the purchase of 51% of Kia by Hyundai Motor Company in 1998. As of 2011, Hyundai owns 33.7% [5] of Kia Motors.. On 22 May 2022, the Hyundai Motor Group announced the company would invest an additional $5 billion in the United States by the year 2025.
Hyundai is a South Korean industrial conglomerate ("chaebol"), which was restructured into the following groups: Hyundai Group , parts of the former conglomerate which have not been divested Hyundai Asan , a real estate construction and civil engineering company
In November 2008, Hyundai opened the European plant in Nošovice, Czech Republic, following an investment of over 1 billion euros and over two years of construction. [ 28 ] [ 29 ] The plant, which mainly manufactures the i30 and Tucson for the European market, has an annual capacity of 300,000 cars. [ 30 ]
This combo of file photos shows the logo of Hyundai at the 2020 Pittsburgh International Auto Show Thursday, Feb.13, 2020 in Pittsburgh, top, and the General Motors logo at the company's world ...
The Army Corps' decision comes as Hyundai pushes to start production before the end of the year at its 2,900-acre (1,170-hectare) plant in Bryan County west of Savannah. The site will produce EVs ...
Hyundai Corporation (Korean: 현대종합상사; KRX: 011760) is a South Korean company founded in 1976 as part of the Hyundai chaebol.. It is a general trading company providing export and import services with a wide variety of products including marine vessels, industrial plants and machinery, commercial automobiles and rolling stock, steel, chemical products, and general commodities.