FACTOID # 7: Israel enjoys a GDP per capita 21 times that of the Palestinian West Bank and 33 times that of the Gaza Strip. Its military spending per capita tops the world.
 
 Home   Encyclopedia   Statistics   Countries A-Z   Flags   Maps   Education   Forum   FAQ   About 
 
WHAT'S NEW
RECENT ARTICLES
More Recent Articles »
 

SEARCH ALL

FACTS & STATISTICS    Advanced view

Search encyclopedia, statistics and forums:

 

 

(* = Graphable)

 

 


Encyclopedia > Hyundai Motor Group

The Hyundai Motor Group refers to a group of affiliated companies.

Contents


History

The Hyundai Group, founded by Chung Ju-yung in 1947 as a construction company, was once South Korea's biggest conglomerate (chaebol). The company was split into five separate, independent business entities in 2001. Chung Ju-yung (November 25, 1915-March 21, 2001) was the founder of Hyundai Group, at one time South Koreas largest multinational conglomerate (chaebol). ... 1947 was a common year starting on Wednesday (link will take you to calendar). ... Cranes are essential in large construction projects, such as this skyscraper Construction on the North Bytown Bridge in Ottawa, Canada. ... A conglomerate is a large company that consists of divisions of often seemingly unrelated businesses. ... Chaebol (jě-bэl), is the Korean word for conglomerates, have been a major force in the South Korean economy from the end of the Korean War through to today. ... 2001: A Space Odyssey. ...


Hyundai entered the United States market in 1986 with different Excel and Sonata, Stellar, Pony models. This same year, Hyundai set a record for selling the most automobiles in its first year of business in the United States compared to any other car brand, a staggering 126,000 vehicles. The Hyundai Excel was a small car, available in hatchback and 4-door models. ... 2002 Hyundai Sonata(from New EF Sonata) The Hyundai Sonata is a mid-size sedan built by Hyundai for the North American market. ... Hyundai Stellar is a midsized rear wheel drive car, that was produced by Hyundai Motor Company. ... The Hyundai Pony (Hangul: 현대 포니), was a small rear wheel drive automobile produced by the Hyundai Motor Company from 1975 to 1988. ...


Initially well conceived, the Excel provided Hyundai with a bad image, as over time it's faults became apparent. Also, in efforts to bring the costs down, quality and reliability suffered.


Over time, Hyundai began introducing its own models. The Sonata midsize sedan was Hyundai's first in-house design, though it still featured many Mitsubishi designs and parts.


As time caught up with the poor reputation of Hyundai in the United States, sales dropped more and more, and dealerships were abandoning franchises. It even made David Lettermans Top Ten hilarious mischief pranks to paste a "Hyundai" logo on the Space shuttle. CBS News Latenight Lateshow In the movie Glengarry Glen Ross, a character famously insults a poor salesman by noting that his Rolex watch cost more than the man's Hyundai. Letterman at his desk on The Late Show with David Letterman David Michael Letterman (born April 12, 1947) is an American talk show host, comedian, and television producer. ... Glengarry Glen Ross is the title of a 1984 Pulitzer Prize-winning play by David Mamet. ... Rolex is the brand of Swiss wristwatches and accessories renowned for their quality and exclusivity, as well as their cost (they sell for several thousand U.S. dollars). ...


Rather than drop out of the world's largest automotive market, the parent company of Hyundai in 1998 began investing heavily in the quality, design, manufacturing, and long-term research of its vehicles, and added a 10 year or 100,000 mile warranty to its vehicles in the United States. This effort has paid dividends for Hyundai, as over time their quality has become the polar opposite of those original cars to enter the United States. In 2004, Hyundai tied with Honda for initial brand quality in a survey/study from J.D. Power and Associates, for having 102 problems per 100 vehicles. This rating, for the Hyundai and Honda brands, is second in the industry behind Toyota when looking at grouped branding (Toyota would be ranked as Toyota, Lexus, and Scion together; Honda would be ranked as Honda and Acura together), but when looked at without grouped branding, Honda and Hyundai both tie for making the highest quality automobiles in the American market. J.D. Power and Associates is a global marketing information services firm founded in 1968. ...


Investing has proved to be a good strategy for Hyundai in the United States, as its sales grow faster than any other car brand year over year, with no hint of this changing any time soon.


In 2004, Hyundai Motor America constructed an automobile manufacturing plant in Montgomery, Alabama where its new NF Sonata, and Santa Fe SUV models will be manufactured for the North American market. This is Hyundai's first American plant.


See Hyundai Group. The Hyundai Group, founded by Chung Ju-yung in 1947 as a construction company, was once South Koreas biggest conglomerate (chaebol). ...


Business

Automobile

The Hyundai Motor Company (HMC) (KSE: 005380) is a South Korean manufacturer of automobiles. ... For the three-letter military term, please see KIA. Kia Motors Company (KSE: 000270) is a South Korean automobile manufacturer. ...

Auto parts

  • Hyundai Mobis
  • Kefico
  • Dymos
  • Hyundai Powertech
  • Wia
  • Bontech
  • Wisco
  • Hyundai Enercell
  • Hyundai Oilbank
  • Eco Energy

Steel

  • INISteel
  • Hyundai Hysco
  • BNGSteel

Railroad Vehicle

Rotem is a South Korean company manufacturing Rolling Stock. ...

Tech Development

A Natural gas vehicle or NGV is a vehicle that uses compressed natural gas (CNG) or, less commonly, liquified natural gas (LNG)) as a clean alternative to other automobile fuels. ...

Logistics

Hankook Logitech Co. ...

Information Technology

  • Autoever Systems
  • e-HD.com

Economy & Finance

  • Hyundai Capital
  • Hyundai Card
  • Hyundai Marine & Fire Insurance

Construction

  • AMCO

Golf Club

  • Jeju Dynasty

Sports Marketing

  • Kia Tigers Baseball team
  • Mobis Automons Basketball Team
  • Hyundai Capital Handball Team
  • Hyundai Motors Football Team

See Also

The Hyundai Group (pronounced: Hyun-dae, meaning modern in Korean), founded by Chung Ju-yung in 1947 as a construction company, was once South Koreas biggest conglomerate (chaebol). ... The Hyundai Motor Company (HMC) (KSE: 005380) is a South Korean manufacturer of automobiles. ... Hyundai Heavy Industries Co. ... Hyundai Asan is an arm of the Hyundai Group and a major investor in North Korea. ... The Hyundai Group, founded by Chung Ju-yung in 1947 as a construction company, was once South Koreas biggest conglomerate (chaebol). ... Hyundai Engineering and Construction Co. ... Korean car Photos Hyundai Motor Company Kia Motors Company GM Daewoo Auto & Technology SsangYong Motor Company Renault Samsung Motors Tata Daewoo Commercial Vehicle Company Daewoo Bus Corporation Proto Motors Pyenghwa Motors (North Korea) Tokchon Motor plant (North Korea) Asia Motors, Ltd Dong A Motors Shin Jin Motor Corporation See also... This is a list of Wikipedia articles on Korea-related people, places, things, and concepts. ...

External Links


  Results from FactBites:
 
Hyundai Motor Company - Wikipedia, the free encyclopedia (1700 words)
Hyundai is now the fastest-growing auto brand in the United States and in 2004, it was ranked second in "initial quality" (not including the quality of body and engine parts) in a survey/study by J.D. Power and Associates.
Hyundai has invested in manufacturing plants in the North America, Pakistan, China, India, and Turkey as well as research and development centers in Europe, North America, and Japan.
Hyundai motor vehicles are sold in 193 countries through some 5,000 dealerships and showrooms.
S.Korea moves to arrest Hyundai Motor head - Boston.com (657 words)
Hyundai, whose name in Korean means modern, became the world's number seven car maker in just four decades and was instrumental in the rebuilding of the economy after the 1950-1953 Korean War.
Shares in Hyundai Motor, the country's fifth-biggest stock with a market value of about $20 billion, ended down 1.78 percent before the issue of the arrest warrant at 82,900 won, against a main index that fell 2.26 percent.
Hyundai officials say their current chairman is a micromanager who holds a meeting at 6:30 a.m.
  More results at FactBites »


 

COMMENTARY     


Share your thoughts, questions and commentary here
Your name
Your comments
Please enter the 5-letter protection code

Want to know more?
Search encyclopedia, statistics and forums:

 


Lesson Plans | Student Area | Student FAQ | Reviews | Press Releases |  Feeds | Contact
The Wikipedia article included on this page is licensed under the GFDL.
Images may be subject to relevant owners' copyright.
All other elements are (c) copyright NationMaster.com 2003-5. All Rights Reserved.
Usage implies agreement with terms.