Hyundai Motor Finance Address-Hyundai outfit (Hangul: ; Hanja: , pronounced [jnd]) is a conglomerate headquartered in Seoul, South Korea. It was founded by Chung Ju-yung in 1947 as a construction unchangeable and Chung was directly in manage 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 edited the Hyundai Group’s situation to encompass forlorn container shipping services, the manufacturing of lifts, and tourism. Today, most companies bearing the declare Hyundai are not legally combined to Hyundai Group. They supplement Hyundai Motor Group, Hyundai Department store Group, Hyundai stifling Industries outfit and Hyundai improvement Company. However, most of the former subsidiaries of the Hyundai conglomerate continue to be run by associates of Chung. If these companies were considered as forming a single broad associates business, next it would remain the largest company in South Korea like huge economic and embassy capacity in the country.
Hyundai was founded as a little construction unchangeable by Chung Ju-yung in 1947. Hyundai Construction began lively outside of South Korea in 1965, initially entering the markets of Guam, Thailand and Vietnam.
Hyundai Motor Company was founded in 1967. Hyundai stuffy 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 initiation 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 It was one of the outdated PC clones marketed toward consumers otherwise of business.
Hyundai announced a major direction restructuring in December 1995, affecting 404 executives.
In April 1999 Hyundai announced a major corporate restructuring, involving a two-thirds lessening of the number of situation units and a scheme to break occurring the group into five independent situation groups by 2003.
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Hyundai branded vehicles are manufactured by Hyundai Motor Company, which along behind 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 skilled of producing 1.6 million units annually. The company employs just about 75,000 people vis–vis the world. Hyundai vehicles are sold in 193 countries through some 6,000 dealerships and showrooms worldwide. In 2012, Hyundai sold on top of 4.4 million vehicles worldwide. well-liked models intensify the Sonata and Elantra mid-sized sedans.
The Asan Foundation, customary by Chung Ju-yung in 1977 later 50 percent of the gathering of Hyundai Construction, subsidizes medical facilities in Korea primarily through the Asan Medical center and six other hospitals. The establishment has sponsored conferences upon Eastern ethics and funded academic research into standard Korean culture. In 1991, it customary the annual Filial Piety Award.
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