2013 Hyundai Elantra Spare Tire-Hyundai help (Hangul: ; Hanja: , pronounced [jnd]) is a conglomerate headquartered in Seoul, South Korea. It was founded by Chung Ju-yung in 1947 as a construction final and Chung was directly in run 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 on your own container shipping services, the manufacturing of lifts, and tourism. Today, most companies bearing the publicize Hyundai are not legally united to Hyundai Group. They swell Hyundai Motor Group, Hyundai Department gathering Group, Hyundai stifling Industries organization and Hyundai move on Company. However, most of the former subsidiaries of the Hyundai conglomerate continue to be govern by relations of Chung. If these companies were considered as forming a single expansive family business, subsequently it would remain the largest company in South Korea considering enormous economic and diplomatic facility in the country.
Hyundai was founded as a small construction unconditional by Chung Ju-yung in 1947. Hyundai Construction began keen outdoor of South Korea in 1965, initially entering the markets of Guam, Thailand and Vietnam.
Hyundai Motor Company was founded in 1967. Hyundai muggy Industries was founded in 1973, and completed the construction of its first ships in June 1974.
In 1983 Hyundai entered the semiconductor industry through the establishment of Hyundai Electronics (renamed Hynix in 2001).
In 1986 a Hyundai-manufactured IBM PC-XT compatible called the Blue Chip PC was sold in discount and toy stores throughout the US. It was one of the dated PC clones marketed toward consumers otherwise of business.
Hyundai announced a major running restructuring in December 1995, affecting 404 executives.
In April 1999 Hyundai announced a major corporate restructuring, involving a two-thirds narrowing of the number of concern units and a plot to rupture in the works the bureau into five independent situation groups by 2003.
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Hyundai Motor Company
Hyundai branded vehicles are manufactured by Hyundai Motor Company, which along gone Kia comprises the Hyundai Kia Automotive Group. Headquartered in Seoul, South Korea, Hyundai operates in Ulsan the world’s largest integrated automobile manufacturing facility, which is proficient of producing 1.6 million units annually. The company employs just about 75,000 people something like the world. Hyundai vehicles are sold in 193 countries through some 6,000 dealerships and showrooms worldwide. In 2012, Hyundai sold more than 4.4 million vehicles worldwide. popular models enlarge the Sonata and Elantra mid-sized sedans.
The Asan Foundation, traditional by Chung Ju-yung in 1977 later 50 percent of the gathering of Hyundai Construction, subsidizes medical services in Korea primarily through the Asan Medical center and six extra hospitals. The inauguration has sponsored conferences upon Eastern ethics and funded academic research into expected Korean culture. In 1991, it received the annual Filial Piety Award.
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