Who Owns Hyundai

Who Owns Hyundai Lovely Pre Owned Hyundai
Who Owns Hyundai Lovely Pre Owned Hyundai
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Who Owns Hyundai-Hyundai bureau (Hangul: ; Hanja: , pronounced [jnd]) is a conglomerate headquartered in Seoul, South Korea. It was founded by Chung Ju-yung in 1947 as a construction utter 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 abbreviated the Hyundai Group’s event to encompass abandoned container shipping services, the manufacturing of lifts, and tourism. Today, most companies bearing the pronounce Hyundai are not legally partnered to Hyundai Group. They affix Hyundai Motor Group, Hyundai Department accrual Group, Hyundai oppressive Industries group and Hyundai progress Company. However, most of the former subsidiaries of the Hyundai conglomerate continue to be manage by associates of Chung. If these companies were considered as forming a single broad associates business, subsequently it would remain the largest company in South Korea past vast economic and embassy power in the country.

History
Hyundai was founded as a little construction unmodified by Chung Ju-yung in 1947. Hyundai Construction began functioning external of South Korea in 1965, initially entering the markets of Guam, Thailand and Vietnam.

Hyundai Motor Company was founded in 1967. Hyundai close 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 inauguration 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 prehistoric PC clones marketed toward consumers instead of business.

Hyundai announced a major doling out restructuring in December 1995, affecting 404 executives.

In April 1999 Hyundai announced a major corporate restructuring, involving a two-thirds reduction of the number of business units and a plan to rupture up the outfit into five independent business groups by 2003.

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Hyundai Motor Company
Hyundai branded vehicles are manufactured by Hyundai Motor Company, which along once 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 adept of producing 1.6 million units annually. The company employs practically 75,000 people in this area 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 augment the Sonata and Elantra mid-sized sedans.

The Asan Foundation, normal by Chung Ju-yung in 1977 as soon as 50 percent of the collection of Hyundai Construction, subsidizes medical services in Korea primarily through the Asan Medical center and six supplementary hospitals. The establishment has sponsored conferences on Eastern ethics and funded academic research into time-honored Korean culture. In 1991, it normal the annual Filial Piety Award.

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